On September 14, the U.S. Treasury Secretary said Oracle had been given the opportunity to acquire tiktok's U.S. business, with a deadline of September 20.U.S. Treasury Secretary Steven Nuchin (Steven Mnuchin) said Oracle received a proposal to buy TikTok U.S. business, which will be reviewed by the White House this week, with a deadline of September 20.
Steven Nuchin said TikTok also promised to build a global headquarters and is expected to provide 200,000 jobs.
Trump said on August 3 that unless an agreement is reached to sell its business in the United States, TikTok will close its business in the United States by September 15.
In June, U.S. President trump issued the first executive order against tiktok, requiring individuals and entities subject to U.S. jurisdiction not to conduct any "transactions" with byte hop and its subsidiary tiktok after September 20 (45 days after the executive order was issued).
After that, on August 14, Trump again pressed that byte beat must be sold or stripped of the company's TikTok business in the United States within 90 days.