Former US President Donald Trump has announced that a buyer has been identified for TikTok’s US operations, though he acknowledged that approval from the Chinese government might be necessary to finalize the deal. The short-video platform, owned by Beijing-based ByteDance, has long been under scrutiny in Washington over national security concerns.
Speaking in a Fox News interview aired Sunday, Trump remarked, “We have a buyer for TikTok, by the way,” but added, “I think I’ll need probably China’s approval.” He did not name the potential buyers, referring to them only as a “group of very wealthy people,” and promised more information “in two weeks.”
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The future of TikTok in the United States remains uncertain, with both Trump and the Biden administration pushing for measures that would force ByteDance to divest the app or risk a nationwide ban. Although Trump has proposed several models — including joint ventures and prominent American investors — none have materialized so far.
TikTok has denied allegations of data sharing with the Chinese government and continues to legally challenge any effort to force a sale, labeling such moves as unconstitutional. Meanwhile, China has previously signaled that it would not permit an enforced divestment without its approval, complicating any transaction amid fraught US-China relations.