Former U.S. President Donald Trump has sparked fresh interest in the ongoing TikTok sale controversy by claiming that a group of wealthy investors are ready to buy the video-sharing app—but says he’ll name them in "about two weeks."
During a Fox News interview, Trump confirmed that a buyer is lined up but stressed that the deal may require approval from the Chinese government. “We have a buyer for TikTok. I think I’ll probably need China’s approval, and I think President Xi will probably do it,” Trump stated.
This announcement comes after months of delays and uncertainty surrounding TikTok’s future in the United States. A law passed nearly five months ago required TikTok to be sold or banned in the U.S. due to its ties to Chinese parent company ByteDance.
However, multiple extensions by Trump have stalled any decisive action, despite a brief 14-hour blackout of the platform in January.
Trump has already signed three executive orders to push back enforcement deadlines. The most recent gives ByteDance until mid-September to finalize the sale of its U.S. operations.
While speculation grows, China has expressed reluctance to approve any deal that includes TikTok’s prized algorithm.
A previous near-complete sale in April fell apart after Trump introduced new tariffs on Chinese goods, adding more political tension to the negotiations.
ByteDance has acknowledged that any agreement is subject to Chinese regulatory approval. Despite the challenges, Trump says he remains hopeful that TikTok will continue to operate in the U.S. under American ownership.
As digital rights advocates, tech investors, and millions of users await clarity, TikTok’s fate hangs in the balance, with global politics now central to its survival.
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