Amazon’s TikTok Bid Stalls as Trump Delays Ban Enforcement Deadline
Amazon submitted a last-minute bid to acquire TikTok’s US operations ahead of an April 5 deadline. The post Amazon’s TikTok Bid Stalls as Trump Delays Ban Enforcement Deadline appeared first on Global Cosmetics News.
THE WHAT? Amazon submitted a last-minute bid to acquire TikTok’s US operations ahead of an April 5 deadline.
THE DETAILS The bid was sent in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick, as the administration weighed options to force TikTok’s Chinese parent, ByteDance, to divest its US business. Several other bids were also under consideration, including proposals from AppLovin, Perplexity AI, and a consortium led by Frank McCourt and Alexis Ohanian. Talks stalled over complications related to new US tariffs on Chinese goods, prompting Trump to push the deadline beyond April 5.
THE WHY? The pause reflects broader tensions in US-China trade relations, which have made negotiations over TikTok’s sale more difficult. While Amazon’s interest raised eyebrows — particularly due to TikTok Shop’s growing role in e-commerce — the bid appears unlikely to move forward.
The post Amazon’s TikTok Bid Stalls as Trump Delays Ban Enforcement Deadline appeared first on Global Cosmetics News.
