Acadia Healthcare shares fall as guidance midpoint falls below estimates
Investing.com -- President Trump is expected to sign an executive order to delay enforcement of a law which could ban or force the sale of TikTok, as trade discussions with China continue. This information comes from sources familiar with the president’s plan, as reported by the Wall Street Journal.
This would mark the third extension since Trump took office in January. The current extension is set to expire on June 19.
The White House had been working to facilitate a deal that would allow investors to gain ownership of a U.S.-operated TikTok. However, this plan was complicated when Trump imposed heavy tariffs on Chinese imports in early April. Administration officials have stated that the same framework remains on the table, but a deal is unlikely to proceed until tensions with Beijing have been resolved.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.