From PC Mag: In theory, TikTok owner ByteDance has until mid-September to finalize a deal to sell the app's US operation, or it will face a ban in the country. President Trump claims he has a buyer for the app, but says we won't find out who it is for another two weeks.
During an appearance on Fox News this weekend, host Maria Bartiromo asked Trump about extending the tariff pause. Trump shrugged it off, arguing that he might, but that it's "no big deal" either way. (Businesses trying to plan for the future might disagree.)
Trump then added, "It's like TikTok. I'm extending that. You know? But no big deal. We have a buyer for TikTok, by the way. I think I'll need, probably, China approval, and I think President Xi will probably do it."
"Who's buying it?" Bartiromo asked.
"I'll tell you in about, uh, two weeks," Trump responded with a smirk, likely a nod to his penchant for repeatedly saying he'll have an answer on tough decisions in "two weeks."
View: Full Article