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Washington DC – President Donald Trump said Sunday that a group of buyers had been found for Tiktokwhich is facing a trolling ban in the United States because of its Chinese band and added that he could name the buyers in two weeks.
President Donald Trump said on Sunday that a group of buyers had been found for Tiktok, which is facing a trolling ban in the United States because of its Chinese band. © Collage: Unsplash /@Obergeron & Andrew Caballeo-Reynolds / AFP
“By the way, we have a buyer for Tiktok,” Trump said in an interview at Fox’s Sunday morning’s future with Maria Bartiromo.
“Very rich people. It’s a group of rich people,” said the president, without revealing more except to say he would make their identity known “in about two weeks.”
The president also said that he would probably need “China approval” for sales “, and I think President XI (Jinping) will probably.”
TikTok is owned by China-based Internet Company BytaDance.
A federal law that required TikTok’s sale or ban on national security grounds was Due to taking effect The day before Trump’s inauguration on January 20. But the Republican, whose election campaign 2024 relied strongly on social media and who has said that he is fond of Tiktok, put the ban on the break.
In mid -June, Trump extended a deadline For the popular video sharing app with another 90 days to find a non-Chinese buyer or be banned in the United States.
Technical experts quickly described Tiktok Kerfuffle as a symbol of the heated USA-China technical rivalry.
While Trump had long supported a ban or divestment, he turned their position And promised to defend the platform – which has almost two billion global users – after coming to believe that it helped him win young voters’ support in the November election.
“I have a small warm place in my heart for Tiktok,” Trump told NBC News in early May. “If it needs an extension, I would be willing to give it an extension.”
Now, after two additions drove the deadline until June 19, Trump has extended it for the third time.
He said in May that a group of buyers were ready to pay past “a lot of money” for Tiktok’s US operations.
Last month he said China would have agreed to an agreement on the sale of TikTok if it was not for a dispute about Trump’s customs on Beijing.
Bytadance has confirmed talks with the US government and says that important issues needed to be resolved and that each business would be “subject to approval under Chinese law.”
