TikTok, which had been facing a Saturday deadline for a deal, now has another 75 days to find a new owner to comply with a federal law that requires it to change its structure to resolve national security concerns. That puts the new deadline for a deal in mid-June.

Trump's comments further pointed to a diminished appetite for sharply higher across-the-board tariffs on dozens of countries after markets reacted violently to their introduction on April 2.

Congressional hawks are digging in that China can’t retain any control of the app. But for two months, Trump has kept it online anyway. Now what?