Trump Reveals Potential Buyer for TikTok, Claims Support from Wealthy Investors

In a recent Fox News interview, Donald Trump has stated that he has identified a potential buyer for TikTok, the controversial video-sharing platform that faced a ban in the U.S. due to national security risks. Trump mentioned the "very wealthy people" backing the acquisition and teased an announcement in two weeks. However, any sale would require approval from the Chinese government, which Trump believes is likely, given his relationship with President Xi Jinping.

Earlier this month, Trump pushed back the enforcement of legislation requiring TikTok’s sale, now set for September 17, with tensions still running high after a previous deal collapsed amid trade disputes. Lawmakers imposed the sale law last year amid concerns about user data security, a claim TikTok has consistently denied. Trump, who initially criticized the app, now views its availability as crucial to his political strategy for the upcoming 2024 elections. TikTok's legal battles regarding the constitutionality of the sale law continue, affecting its operations in the U.S.

Trump confirms further delay to TikTok ban or sale deadline Social media TikTok Donald Trump US politics United States