Home BusinessTrump Administration Engages Multiple Bidders in TikTok Sale Amid Looming Ban Deadline

Trump Administration Engages Multiple Bidders in TikTok Sale Amid Looming Ban Deadline

by Sonia Park
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Trump Administration Engages Multiple Bidders in TikTok Sale Amid Looming Ban Deadline

The Trump administration is actively negotiating with four potential buyers for TikTok's U.S. operations, aiming to finalize a deal before the impending ban deadline. President Trump, speaking aboard Air Force One, expressed optimism about reaching an agreement soon, stating, "We're dealing with four different groups, and a lot of people want it... all four are good."

https://youtu.be/051W2mVqn6U

The urgency for a sale stems from a law passed in April 2024, which mandates that ByteDance, TikTok's China-based parent company, divest its U.S. operations by April 5. . .

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