Trump Finds Tiktok Buyers, Keeps September Sale Deadline

President Donald Trump claims he has recovered a group of able buyers for TikTok, nan celebrated video-sharing level owned by China-based ByteDance. In a Sunday Fox News interview, Trump said nan buyers are “very, very able people” but declined to sanction them, saying he would stock specifications “in astir 2 weeks.”

What’s down nan sale?

The projected waste stems from a 2024 U.S. rule that required ByteDance to waste TikTok’s U.S. operations aliases look a nationwide ban. ByteDance grounded to meet nan original Jan. 19, 2025, deadline. 

Since then, Trump has signed a bid of executive orders delaying enforcement, astir precocious extending nan divestment deadline to Sept. 17.

Does nan waste request support from China?

Trump acknowledged that immoderate woody would apt require support from nan Chinese government, which has signaled opposition. “I deliberation I’ll request astir apt China’s approval,” Trump said. “I deliberation President Xi will astir apt do it.”

According to The New York Times, nan White House appeared adjacent to a woody successful April that would person transferred half of TikTok’s U.S. ownership to American investors. Still, Beijing reportedly intervened aft Trump announced caller tariffs connected Chinese goods.

What’s nan position of nan rule banning TikTok?

The divest-or-ban rule remains successful effect and was upheld by nan U.S. Supreme Court successful January. 

Trump’s first executive bid delayed enforcement for 75 days, allowing TikTok to return online aft a little shutdown. He issued different 75-day hold successful April, followed by nan current 90-day pause presently successful effect.

The president’s latest bid besides instructs nan Department of Justice not to penalize ByteDance while negotiations continue. 

What’s next?

Whether a last woody will meet U.S. ineligible requirements remains unclear, particularly if ByteDance refuses to portion pinch TikTok’s halfway algorithm — a sticking constituent for Beijing. 

Still, Trump has signaled he wants nan app to stay successful nan U.S., crediting it pinch helping him triumph complete young voters successful 2024.