President Donald Trump revealed in an interview with Maria Bartiromo on “Sunday Morning Futures” that his administration has found a group of buyers for TikTok. The names of these buyers are expected to be disclosed in two weeks. Trump expressed confidence in the potential deal, stating that he may need approval from China, but believes the transaction will ultimately go through. The buyers are described as “a group of very wealthy people,” although specific details were not provided.
Trump’s recent actions include signing a 90-day extension to prevent a law banning the sale or use of TikTok from taking effect. Lawmakers have expressed concerns about potential security issues with the popular video platform, suspecting it may be used for spying on Americans. This extension marks the third time Trump has intervened to delay the implementation of the ban through executive orders.
Last year, Congress approved a ban on TikTok unless it was sold to a non-Chinese company, a decision later signed into law by former President Joe Biden. While the Supreme Court has upheld the ban’s validity, Trump has directed the Department of Justice not to enforce it since returning to office. His executive orders have effectively prevented TikTok from being banned thus far.
The article originally appeared on USA TODAY, discussing the ongoing uncertainty surrounding the fate of TikTok and the potential involvement of new buyers as outlined by President Trump.
