Trump Says “We Have a Buyer” for TikTok U.S. Operations — Deadline Extended
Washington, D.C. — Former President Donald Trump announced on Fox News that a “very wealthy group” is ready to acquire TikTok’s U.S. business, extending its future beyond the looming September 17 deadline 1.
Trump, speaking on 'Sunday Morning Futures,' delayed the sale or ban decision yet again — the third extension since January. “We have a buyer for TikTok, by the way,” he said, promising the group’s identity will be revealed within two weeks 2.
🔄 Why It Matters
- TikTok faced a legal mandate under the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA) to divest or be banned by January 2025 3.
- Trump has approved two prior 90-day extensions, most recently delaying enforcement until September 17 4.
- The app remains available in U.S. app stores and continues to be used by 170 + million Americans 5.
🌐 Global Implications
The deal depends on Chinese approval — President Xi’s nod is crucial. Meanwhile, U.S. lawmakers and national security experts remain wary of TikTok’s data access 6.
🔮 What Comes Next
If no buyer is confirmed by September 17, TikTok may face an official ban. But Trump’s statement hints at a high-stakes negotiation under intense geopolitical pressure.
As negotiations unfold, the world watches: Will TikTok survive in America, or will data concerns rewrite its future?
Trenzy360 will continue to track this evolving story — stay tuned!
0 Comments