Donald Trump Claims 'Very Wealthy People' Ready to Buy TikTok
ReutersJuly 5, 20251 min2,985 views
3 connections·5 entities in this video→Trump's Claim on TikTok Sale
- 🇺🇸 Donald Trump stated in a Fox News interview that a group of 'very wealthy people' are prepared to purchase TikTok.
- 🇨🇳 He indicated that China's approval, likely from President Xi, would be necessary for the deal to proceed.
Background on TikTok Divestment
- 🗓️ Trump had previously extended a deadline to mid-September for China-based ByteDance to divest TikTok's US assets.
- 🚫 A deal in the spring to spin off US operations into a new US-based firm was halted after China did not approve it, following US tariffs.
- ⚖️ A 2024 law mandated TikTok's closure in the US by January 19th unless divested or significant progress on a sale was shown.
- 🗳️ Trump has extended this deadline multiple times, having previously credited the app with aiding his election win.
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Donald TrumpTikTokByteDanceUS-China RelationsDivestmentNational SecurityApp BanPresidential Election
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