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

The unending saga between President Donald Trump and TikTok might 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 have now a purchaser for TikTok by the way in which,” Trump mentioned within the interview. “I believe I am going to want in all probability China approval and I believe President Xi [Jinping] will in all probability do it.” When requested to determine 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 mentioned the extensions have been “no huge deal” in the course of the interview with Fox Information. Greater than 170 million energetic US customers are awaiting a remaining resolution on TikTok, which is developed by the Beijing-based ByteDance that is dealing with strain to both promote its app or have it banned because of information privateness and “national security” considerations.