With the deadline for concluding a deal on approaching Tiktok this week, President Donald Trump indicated that he is confident that his administration could mediate in an agreement with BYTEDANCE, the parent company that is based on the social media application.

Speaking with correspondents in the Air Force late on Sunday, Trump said that “there is a tremendous interest in Tijook.” He added, “He would like to see Tiktok remains alive.” The President’s comments came less than one week before the deadline in April requires Bettans to strip or confront a ban in the United States.

“We have a lot of potential buyers,” Trump said.

Trump also said that the administration is “dealing with China” that “she also wants because it may have to do with it.” Last week, Trump said he would doConsider a decrease in definitionsIn China, if the government of that country agrees to sell Tiktok operations in the United States

Questions about the fate of the famous video posting application continued to continue since the law that requires the delivery of the bytedance on January 19. After taking office, Trump gave Tiktok a 75 -day postponement by signing an executive order delayed the implementation of the system until April 5.

During his first term, Trump tried to ban Tijk on national security land, which was stopped by the courts before his administration negotiated the sale of the platform that eventually failed to achieve. It changed its position on the famous application during the presidential elections for the past year, and has strengthened the platform by helping it winning more young voters.

He said on Sunday: “I won the young vote with 36 points. The Republicans in general do not work well with the young vote.” “I think many of them could have been tiktok.”

Trump said the deadline for the Tiktok deal can be extended if necessary. He previously suggested the conditions in which the United States will obtain a 50 % stake in a joint venture. The administration has not provided details about what this type of deal required.

Tiktok and Bytedance publicly did not comment on the conversations. It is also not clear whether Bytedance has changed his position in selling Tiktok, which he said early last year was not planning to do it.

What will happen on April 5?

If Tiktok is not sold to a certified buyer by April 5, the original law prohibits it will arise in effect again. However, the deadline of the executive has not appeared to have been appointed to the stone and the president has repeated that it can be extended more if necessary.

Trump’s order came a few days afterThe Supreme Court unanimously supported a federal lawThat requires abstraction or is banned in January. The next day of the judgment, Tiktok became dark for us users and returned online after Trump pledged to stop the ban.

The decision to keep Tiktok is alive through the executive order some scrutiny, but it has not faced a legal challenge in court.

Who wants to buy Tiktok?

Although it is unclear whether to plan the Bytedance to sell Tiktok, many potential offers have advanced in the past few months.

Assistants to Vice President DinarVans, who was used to oversee a possible deal,I have contacted some parties, such as starting artificial intelligence, to get additional details about their offers, according to a person familiar with the matter. In January, I presented the bewildering intelligenceWith the proposal of integrationThis would combine confusion with the American Tiktok operation.

Among the other potential showcases is a consortium organized by billionaire businessman Frank McCort, who recently hired a co -founder in RedditAlexis Ohhanian Cascaretadvisor. Consortium investors say they offered $ 20 billion in cash for the American Tiktok platform. And if they succeed, they are planning to redesign the famous app using Blockchain technology that they say will provide users more control over their online data.

Jesse Tinsley, founder of Payroll Firms.com, says he has also organized a consortium, which includes the CEO of the video game platform RoboxBIDANCE offers more than $ 30 billion to Tactok.

Trump said in JanuaryMicrosoft was also looking for the famous application. Other interested parties include the former Treasury Minister of Trump Steve Mnuchin and Rumble, the common video site with some governors and extreme right -wing groups. In a publication x Last March, Rumble said he was ready to join a consortium from the parties interested in buying Tiktok and working as a company technical partner.

This story was originally shown on Fortune.com

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2025-04-01 21:00:00