Trump Says He'll Announce TikTok Buyer In 'About Two Weeks'

President Donald Trump says he has a buyer for TikTok lined up.During this weekend’s episode of “Sunday Morning Futures with Maria Bartiromo,” Trump said “a group of very wealthy people” are ready to purchase the video sharing app, pending approval from China.Sounding confident that the deal will go through, he told Bartiromo, “I think President Xi [Jinping] will probably do it.”Trump did not divulge the identity of the investors, but promised the Fox News host, “I’ll tell you in about two weeks.”Earlier this month, the president pushed TikTok’s deadline to be sold or be banned for the third time, giving the app’s parent company, ByteDance, until September 17 to secure United States-based ownership.A deal was reportedly close to closing in April before Trump announced his steep tariff plans for Chinese goods.After those plans fell through, ByteDance issued a statement that said, “There are key matters to be resolved. Any agreement will be subject to approval under Chinese law.”Last year, Congress passed a bipartisan bill to force the sale of TikTok, or else the platform would have been banned, citing fears that it was sharing user data with the Chinese government.

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