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President Donald Trump has arranged for American buyers to acquire TikTok and may consider extending the deadline for ByteDance, the China-based parent company, to sell off the app’s U.S. assets. He made these remarks on Friday, just days after the White House officially joined the platform.
During a press briefing, Trump dismissed bipartisan concerns about TikTok’s security risks, stating his administration would monitor any potential issues. He mentioned he planned to speak with Chinese President Xi Jinping “at the appropriate time.”
The Republican leader has previously chosen not to enforce the deadline set by a 2024 law requiring TikTok to cease operations in the U.S. by January 19 of this year. Recently, he extended that deadline to September 17.
The White House officially joined TikTok this Tuesday.
“I haven’t spoken to President Xi about this,” Trump told reporters during a visit to a White House gift shop near the residence. “Until the situation gets more straightforward, we’re just giving it a bit more time.”
He added, “We have serious American buyers interested in purchasing it,” though he didn’t specify any names.
When asked whether he was worried about privacy or national security, Trump responded, “Not really. I think it’s overrated… I actually like TikTok.”
The 2024 law mandates ByteDance to divest its U.S. assets or show substantial progress toward a sale, but Trump chose not to enforce it after taking office on January 20.
Some lawmakers have critiqued this delay, arguing that the administration is ignoring the law and overlooking national security concerns related to Chinese control of TikTok.