President Donald Trump has again extended the deadline for TikTok’s parent company to divest its American operations.

“We’re going to extend it,” Trump told reporters at the White House on Wednesday. “We’re going to probably make a deal.”

ByteDance had a June 19 deadline; Trump now plans to give the company another 90 days to work on a sale agreement. The new deadline will be Sept. 17, 2025.

In an executive order Thursday confirming the new deadline, Trump also directed the Department of Justice not to enforce penalities on companies or users who access the app after the deadline.

“We’ll need China’s blessing on it,” Trump said of a TikTok sale. “I think they’ll bless it.”

Under a law signed by then-President Joe Biden last year, ByteDance was directed to divest TikTok’s U.S. unit. The company has balked at selling a lucrative business valued as high as $150 billion.

The Trump administration was close to reaching a deal with a potential buyer before an earlier April 5 deadline, but China withheld its approval following the U.S. president’s decision to impose sweeping tariffs, Bloomberg reported.

Both sides now are accusing each other of violating an agreement in Geneva in May to lower crippling tariffs.

Real estate mogul Frank McCourt Jr., who’s bidding to buy TikTok through his Project Liberty initiative, told Bloomberg Television on Wednesday that engagement with the Trump administration to hash out a deal has been “fairly quiet” in recent weeks.

While McCourt said he’s still optimistic about Project Liberty’s ability to acquired U.S.-based TikTok over the next 90-day period, he said there’s a distinct possibility that the platform has to shut down in the U.S. altogether. “Something is going to give here,” he said.