(WDNews) — President Donald Trump says a buyer for TikTok has been found, and he plans to reveal more details in about two weeks.
“We have a buyer for TikTok by the way,” Trump said in an interview aired Sunday on Fox News’ Sunday Morning Futures with Maria Bartiromo. “I think I’ll need probably China approval, and I think President Xi will probably do it.”
Trump did not name the buyer but hinted it involves “a group of very wealthy people.”
The former president previously signed a law requiring TikTok’s Chinese parent company, ByteDance, to sell its U.S. operations or face a ban. The latest deadline was June 19, but Trump granted a 90-day extension earlier this month, giving ByteDance until September 17 to comply.
TikTok’s future in the U.S. remains uncertain until a final sale is approved and announced.
