Trump Announces Potential TikTok Buyer Amid Ownership Deadline

USA's president Donald Trump recently extended the deadline for the sale of Tiktok to an American owner. Now he says he has found his buyer.

» Published: June 29 2025

Trump Announces Potential TikTok Buyer Amid Ownership Deadline
Photo: Manuel Balce Ceneta/AP/TT

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It is a group of very rich people, says Trump to Fox News.

I probably need China's approval and I think President Xi (Jinping, ed. note) will do it.

Exactly who the buyers are, he reveals in "about two weeks".

In the fall of 2024, a law was adopted in the USA that prohibits the use of Tiktok in the country - as long as the app is owned by a Chinese company. The condition for it to be used in the USA is that it comes into American ownership.

Tiktok was shut down in the USA on January 19 as a result of the requirement, but when Trump took office as president the next day, he signed a presidential order that gave Tiktok's owner more time to find an American buyer.

The deadline has been extended several times, most recently in mid-June. The current deadline expires on September 17.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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