In FOX's Sunday Morning Future Show yesterday President Donald Trump announced that a buyer has been identified for TikTok, the popular social media platform facing a potential ban in the United States due to its ties to China.
In an interview with Fox News, Trump revealed that the prospective purchaser is a group of affluent investors, though he did not disclose their identities. He stated that the deal would likely require approval from Chinese authorities, expressing optimism that Chinese President Xi Jinping would greenlight the transaction. Trump further noted that he expects to formally announce the buyer within the next two weeks.
Trump: “We have a buyer for TikTok, by the way.”
— Open Source Intel (@Osint613) June 29, 2025
Bartiromo: “Who's the buyer?”
Trump: “I'll tell you in about two weeks.” pic.twitter.com/qxF3WMZ3Z8
The announcement comes amid heightened tensions over TikTok’s ownership by ByteDance, a Chinese company, which has raised national security concerns in the U.S. due to fears of data privacy and potential influence by the Chinese government.
The looming ban, set to take effect unless the app is sold to a U.S.-based entity, has prompted urgent efforts to resolve the issue.
Trump’s comments suggest a potential resolution, with the involvement of wealthy investors signaling a high-stakes deal to keep TikTok operational in the American market. Further details about the buyer and the terms of the agreement are expected to emerge in the coming weeks.
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