President Trump announced on March 30, 2025, that a deal for TikTok’s U.S. operations will be finalized "by the weekend," ahead of a Saturday April 5 deadline he extended from January 19 via executive order.
Facing a 2024 law mandating ByteDance divest TikTok over security concerns, Trump is optimistic, citing interest from buyers like Susquehanna, General Atlantic, Blackstone, Oracle, and others, with bids ranging $20-50 billion.
Led by VP Vance, talks aim to keep the app—used by 170 million Americans—alive, though China’s approval and Trump’s tariff threats complicate matters. Despite legal and congressional hurdles, he’s pushing for a resolution by April 5, blending geopolitics and personal stakes after TikTok boosted his 2024 win.
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