Trump claims a ‘very rich’ group will purchase TikTok with out revealing who

The unending saga between President Donald Trump and TikTok could lastly get some closure. In an interview with Fox News‘ Maria Bartiromo, the US president introduced that there is a purchaser secured for TikTok.

“We now have a purchaser for TikTok by the best way,” Trump stated within the interview. “I feel I am going to want in all probability China approval and I feel President Xi [Jinping] will in all probability do it.” When requested to establish the client, Trump solely cryptically revealed that it was a “group of very rich folks,” which might be introduced in “about two weeks.”

The unsure destiny of TikTok started when Trump signed an executive order to increase a deadline to ban the app from US-based app shops. The preliminary extension got here shortly after Trump took workplace for his second time period in January and was later pushed again another 75 days to April. The choice was delayed once again in June, however for an additional 90 days as a substitute, for a brand new mid-September deadline. As the way forward for TikTok stays in a state of uncertainty, Trump stated the extensions had been “no huge deal” through the interview with Fox Information. Greater than 170 million lively US customers are awaiting a last determination on TikTok, which is developed by the Beijing-based ByteDance that is going through stress to both promote its app or have it banned as a result of knowledge privateness and “national security” issues.