President Donald Trump will extend a deadline for the owner of social media platform TikTok to find a U.S. buyer so that it can remain operating in the country, the White House said Tuesday.

WASHINGTON (Reuters) -U.S. President Donald Trump will extend a June 19 deadline for China-based ByteDance to divest the U.S. assets of short video app TikTok by 90 days despite a law that had mandated a sale or a shutdown absent significant progress, the White House said on Tuesday.