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Trump stated that the TikTok sale agreement will be concluded by the end of the week

Trump stated that the TikTok sale agreement will be concluded by the end of the week

US President Donald Trump said the TikTok sale agreement should be concluded by the end of the day on Saturday, April 5.

Source: Reuters

Details: Trump told journalists on board Air Force One that « interest in buying Tiktok from potential buyers is huge. »

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The President also said that the application would stay in the US.

« I would like Tiktok to remain alive, » he said.

The Chinese company Bytedance has time until April 5 to find not a Chinese buyer TikTok, otherwise the application will be blocked in the United States for national security reasons by law that had to come into force in January 2024.

American President March 27 statedthat is ready to reduce China duties to conclude a TikTok sale agreement.

Trump reported that he was ready to continue April deadline if the application agreement is not reached.

Prehistory:

  • In mid -January, TikTok access to the US had to close for national security reasons and the process has already begun, but Trump with a return to the White House delayed the ban for another 75 days.
  • By decision, adopted under the former administration, Joe Biden, the platform needs to find a buyer registered in the United States to avoid ban.
  • The media got information that Ilon Musk could become such a buyer and that in China they considered it as a permissible concession. In the leadership of the platform, however, these rumors were called unfounded.
  • However, American billionaire Ilon Musk stated that Not interested In the purchase of the Tiktok platform.



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