Trump has found a buyer for TikTok, but approval from China is needed.
29.06.2025
4585
Journalist
Shostal Oleksandr
29.06.2025
4585
U.S. President Donald Trump announced that there is already a buyer for the popular platform TikTok, owned by the Chinese company ByteDance. He did not reveal the name of the buyer but noted that it is a very wealthy group of people. Trump expressed confidence that the deal will be approved by China and Chinese President Xi Jinping.
The deadline for the sale of TikTok by ByteDance has been set for September 17. TikTok's American operations are to be transferred to a new company in the U.S., which will be predominantly owned and controlled by American investors.
During negotiations for the sale of TikTok, Trump emphasized the need to protect the data of American users and national security from potential threats posed by ByteDance. This deal could significantly impact the economic and political relations between the U.S. and China.
The popular platform TikTok, which is under government scrutiny in the U.S. due to national security concerns, is finding a new buyer. A few days remain before closing the deal, and resolving this issue could have a significant impact on international relations between the U.S. and China.Read also
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