Hey there! Have you heard the news about TikTok? ๐ฑ U.S. President Donald Trump said on Sunday that he has found a group of “very wealthy people” who want to buy TikTok, the super popular short-video app! He mentioned this during a chat on Fox News.
But here’s the interesting part: He said he’ll tell us who these buyers are in about two weeks! ๐ Aren’t you curious? ๐ค
President Trump also said that the deal might need approval from China to move forward, and he thinks China will probably say yes. ๐บ๐ธ๐ค๐จ๐ณ
Earlier, there was a rule that TikTok had to sell its U.S. part or shut down. The deadline was extended to September 17. Before that, there was a plan to make TikTok’s U.S. operations into a new company owned by U.S. investors. But that plan paused when China wasn’t ready to approve it after some trade disagreements.
In the interview, Trump said, “We have a buyer for TikTok, by the way. I think I’ll need probably China’s approval.” He believes China will “probably do it.”
There was also a law that said TikTok had to stop working in the U.S. by January 19 unless it sold its U.S. part or made big progress in selling. President Trump, who thinks TikTok helped him gain support from young voters in last year’s election, has given extensions three times. ๐ณ๏ธ
So, what’s next for TikTok in the U.S.? Only time will tell! โฐ Stay tuned for more updates! ๐
Reference(s):
cgtn.com