With an April 5 deadline looming, TikTok could be sold, banned again, or given another extension. Here’s what’s at stake.

TikTok could have one or a few new owners, be banned again, or simply receive another reprieve to continue operating in the U.S. Questions about the fate of the popular app has continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan.

President Trump said Thursday that he would “probably” extend the deadline for a sale of China-owned TikTok if terms aren’t reached before a 75-day window for negotiations expires on April

TikTok shut down briefly in January in accordance with a law Congress passed requiring TikTok and other digital platforms controlled by “foreign adversaries” to be sold or banned.

Trump, 78 – who recently returned to the White House, after a four-year absence – confirmed that there “could” soon be an announcement about TikTok’s future. The situation has drawn attention from tech industry leaders, investors, and political figures on both sides of the aisle.

A US law is forcing TikTok's Chinese-owned parent company ByteDance to divest from the platform or face a ban. View on euronews

After taking office, President Donald Trump gave TikTok a 75-day reprieve by signing an executive order that delayed enforcement of the statute until April 5.