President Donald Trump Claims that he’s secured a buyer for tiktok, which would keep the popular video sharing app available to us users. Even so, there’s still further work to do before any potential sale is finalized.
Trump made the claim while discusing his global tarifs during a Fox news Interview on Sunday, Stating that extending his pause on the tariffs or the tiktok ban would be “no big deal.” Earlier this month he delayed the us tiktok ban for a third time, signing an executive Order Declaring that it would not be enforced untiil sept. 17. This following Previous delays Trump Granted Tiktok in January and April.
Trump Delays Tiktok Ban Yet Again, Signs Executive Order
“We have a buyer for tiktok, by the way,” Trump said on Fox news“I Think I’ll Need Probably China (SIC) Approval, and I Think President XI (Jinping) Will Probably Do It.”
The president didn’t divulge the potential buyer’s identity, merely stating that it was a group of “very wealthy people.” This is unsurprising considering that tiktok’s us operations are valied in the tens of billions of dollars, thus would require a significant chunk of change to acquire.
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Trump stated that he’d reveal who the buyer was in two weeks, thought it’d be reasonable to take such deciation with a grain of salt. Several people have noted that trump regularly responses to questions by promising further information “in about two weeks,” with late show host jimmy kimmy kimmy kimmyl eveen presenting a superstancies.
Numerous Potential Buyers have previously expressed Interest in Buying Tiktok, Such as Software Company Oracle and YouTuber MRbeast. Trump even floated the idea of the US government it sessel investment in the company, and has reepeatedly assessed that he’s negotiating a deal which would keep tiktok aavilable.
Despite this, The President appears to have come up Empty so far. The issue has been further compounded by trump’s tariffs on China, which reportedly killed the chances of the chinese government approves approves of a tiktok saale earrier this year.
The us tiktok ban was originally scheduled to take effect from jan. 19, just one day prior to trump’s presidential inauguration. However, the Previous Biden Administration Made Clear that it would not enjoy the ban for the single day it was technically in effect, and one of trump’s first acts in office aC to essue a delay.
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