Trump says there’s a TikTok buyer that he’ll reveal in ‘about two weeks’
CNN
It’s been about five months since a law requiring TikTok to be banned in the United States unless it was sold off by its China-based parent company, ByteDance, technically went into effect.
President Donald Trump said in an interview that aired Sunday there is a “buyer for TikTok,” teasing an announcement to come in “about two weeks.” “We have a buyer for TikTok by the way. I think I’ll need probably China approval, and I think President Xi will probably do it,” the president said on Fox News’ “Sunday Morning Futures with Maria Bartiromo.” Asked who the buyer is going to be, Trump said, “I’ll tell you in about two weeks.” “It’s a group of very wealthy people,” the president added. It’s been about five months since a law requiring TikTok to be banned in the United States unless it was sold off by its China-based parent company, ByteDance, technically went into effect. But thanks to President Donald Trump’s promises not to enforce the law, neither of those things have happened, aside from an approximately 14-hour blackout in January. Trump has instead signed three orders delaying enforcement on the ban. As a June 19 deadline to enforce the sale-or-ban law approached earlier this month, Trump granted TikTok a 90-day extension. The deadline for its parent company ByteDance to hand over control of TikTok’s US operations is now September 17.
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