The never-ending saga between President Donald Trump and TikTok might lastly get some closure. In an interview with Fox News' Maria Bartiromo, the US president introduced that there's a purchaser secured for TikTok.
"Now we have a purchaser for TikTok by the way in which," Trump stated within the interview. "I feel I'll want most likely China approval and I feel President Xi [Jinping] will most likely do it." When requested to determine the client, Trump solely cryptically revealed that it was a "group of very rich folks," which might be introduced in "about two weeks."
Watch Half 3 of @MariaBartiromo's interview with @POTUS the place they focus on the way forward for tariffs, A.I., TikTok, and inexperienced power pic.twitter.com/B5u5S9iOF2
— SundayMorningFutures (@SundayFutures) June 29, 2025
The unsure destiny of TikTok started when Trump signed an government order to increase a deadline to ban the app from US-based app shops. The preliminary extension got here shortly after Trump took workplace for his second time period in January and was later pushed again one other 75 days to April. The choice was delayed as soon as once more in June, however for an additional 90 days as a substitute, for a brand new mid-September deadline. As the way forward for TikTok stays in a state of uncertainty, Trump stated the extensions had been "no huge deal" through the interview with Fox Information. Greater than 170 million lively US customers are awaiting a closing resolution on TikTok, which is developed by the Beijing-based ByteDance that's dealing with strain to both promote its app or have it banned attributable to knowledge privateness and "nationwide safety" issues.
This text initially appeared on Engadget at https://www.engadget.com/social-media/trump-claims-a-very-wealthy-group-will-buy-tiktok-without-revealing-who-185126123.html?src=rss