Trump Identifies Potential Buyer for TikTok Amid Ongoing Negotiations
President Trump claims to have a buyer for TikTok, requiring Chinese government approval, with a deadline for sale set for September 17.
Trump says he’s found a buyer for TikTok
TechCrunch
Trump to reveal TikTok buyer ‘in about two weeks’
Washington Examiner
Overview
- President Trump has identified a potential buyer for TikTok, which he plans to announce in two weeks.
- The sale requires approval from the Chinese government, according to Trump and the potential buyer.
- Congress passed a law mandating TikTok's sale, but Trump has delayed the enforcement of this law.
- ByteDance, TikTok's parent company, must complete the sale by September 17, with negotiations ongoing.
- Previous attempts to sell TikTok to American buyers collapsed in April, complicating the current negotiations.
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Analysis
Center-leaning sources frame the narrative around Trump's claims regarding TikTok's potential sale with skepticism, highlighting his shifting stance and the need for Chinese approval. Implicit biases suggest a cautious view of Trump's credibility, while emphasizing national security concerns and the complexities of international negotiations surrounding the app's future.
President Trump has identified a buyer for TikTok and plans to reveal their names in about two weeks.
Approval from the Chinese government is required for the sale.
Trump expressed his belief that President Xi Jinping would likely make a trade deal during an interview with Maria Bartiromo on Fox's "Sunday Morning Futures."
The US Congress passed a law mandating the sale of TikTok last year due to national security concerns.
Former President Trump initially criticized the app, but later credited it for his 2024 election win, leading to his support for its continued use in the US, while Congress approved a ban on the app if not sold to a non-Chinese company, which was signed into law by former President Biden.
Trump described the buyer as a group of very wealthy people without providing further information.
Articles (7)
Center (4)
"…Trump says he has a buyer for TikTok, the video-sharing app that was banned in the US amid claims it posed a national security risk."
BBC News·2d·"…A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump."
TechCrunch·2d·"…Trump made the announcement to Maria Bartiromo in an interview on "Sunday Morning Futures" while talking about potential tariff deals."
USA TODAY·2d·"…President Donald Trump said he has identified a buyer for the US operations of TikTok social media app owned by Chinese company ByteDance Ltd., but he won’t provide details for two weeks."
Fortune·2d·FAQ
President Trump has not publicly disclosed the identity of the potential buyer for TikTok but plans to announce it within two weeks.
The sale requires Chinese government approval because TikTok's parent company, ByteDance, is based in China, and Chinese regulations mandate government consent for such transactions.
ByteDance must complete the sale of TikTok by September 17, 2025, as mandated by U.S. law.
The Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA), upheld by the U.S. Supreme Court, mandates that ByteDance divest its interest in TikTok by January 19, 2025, or face a nationwide ban.
Previous attempts to sell TikTok to American buyers collapsed in April 2025 due to complications in negotiations, including regulatory and approval challenges.
History
- 2d4 articles