Within a few weeks after extinguishing a third-third deadline, President Donald Trump has announced on Sunday that you received the Tiktok’s US service buyer.
The famous Social Place is under a major pressure due to a 1924 law that requires its Chinese parent company. The law appears in Bipartisan’s concern in Washington that the Chinese government can reach American users data or use the app to influence the public opinion.
“We have a Tiktok Buyer,” Trump told the Fox News Host Maria Bartiromo for her “Sunday morning Future Futures”. Suggested that the agreement will require approval by Beijing. “I will need Chinese consent and I think the President Xi will do.”
When pressed for further details, Trump was unclear. He also added, “a group of very wealthy people,” and he said he would present their names on “about two weeks.” Did not give more information.
.@Potus: “We have a tiktok buyer … I will need Chinese consent and I think the President Xi will do … It’s a group of very rich.” Pic.Twitter.com/n8twyfkkyg
– Fast Response 47 (@ Diardresponse47) On June 29, 2025
This announcement comes after a major negotiation time and political direction. Dives law-or-vithest, passed by Congress in 2024, gave Burtance with Windows 270 days to sell Tiktok. The deadline was expanded third of June, pressing a new day to September 17 and allowed 170 million American users to continue accessing the platform right now.
According to several reports, the agreement was nearly at the beginning of April. That Agreement Divide Tiktok’s US from Bootance, and a Group of American investor led by Tech Company Oracle and includes the Manager of Blackstone and Business Man Michael Dell taking a lot of stake. However, the transactions reportedly taken after Trump announced a new wave of commerce tax rates, especially in China.
Recently, after two countries agreed “with a common frame” to perform familiar relations at the beginning of June, Beijing appeared more determined to allow certain shipping. This can remove the way the sensitive algorithms and technology set aside Tiktok should be included in the sale.
Despite the geopolitical chaos, Tiktok’s popularity in the United States is always great. Social network attaches 170 million users, including 7.5 million business accounts from other small companies to other small and medium enterprises. According to a special website Appfigures, Tiktok is currently the second largest installed application in the United States on Android phones, shortly after ChatGPT.
What happens next – especially that the mystery consumer of Trump is real or rich – remains uncomplicated. But with the September Deadline approached, political and economic statistics around Tiktok’s future grow.
