Archive · 30 Jun 2025
Trump: TikTok Sale in Works with Mysterious Buyers Awaiting China Approval
Former President Trump says he has found a group of rich people who want to buy TikTok.
He will tell everyone who they are in a couple of weeks.
Trump thinks China will need to say yes to the deal and that China's leader, Xi Jinping, will probably agree.
A US law says TikTok must be sold to someone who is not Chinese or it will have to stop working in the US.
Donald Trump says he has found a group of buyers for TikTok.
The identities of the buyers will be revealed in about two weeks.
The deal likely needs approval from China.
Trump believes that President Xi Jinping will probably approve the deal.
A US law requires TikTok to find a non-Chinese buyer or face a ban.
- Who
- Donald Trump and a group of "very wealthy people"
- What
- A potential sale of TikTok's US assets to a group of buyers.
- When
- The buyers' identities will be revealed in about two weeks.
- Where
- United States
- Why
- Due to a US law mandating a sale or shutdown of TikTok.
U.S. Security Concerns
China's Regulatory Stance
Data Security
U.S. Security Concerns
Concerns over potential access to U.S. user data by the Chinese government.
China's Regulatory Stance
No immediate opposing viewpoint presented in articles.
- Buyer Group
- "Very wealthy people"
- Seller
- ByteDance
- Former US President
- Donald Trump
- Deal Status
- Requires China's approval
- US Law Mandate
- Sale or Ban
Sources
Trump Says 'Very Wealthy' Group Ready to Buy TikTok, Plans Reveal in Two Weeks
Trump has found a group of ‘very wealthy people’ to buy TikTok: ‘I think President Xi will…’
'Will Tell You In Two Weeks': Trump Says He Has Wealthy Buyers Lined Up To Buy TikTok