President Trump announced in a recent interview that he has found a buyer for TikTok's US operations, although the name of the buyer remains undisclosed. He emphasized the necessity of approval from Beijing and President Xi Jinping for the deal to proceed. Despite the urgency, both ByteDance and the Chinese government have opposed the divestiture due to national security concerns. The timeline has been prolonged as trade relations between the US and China worsen, with negotiations highlighting the complexities of international deals in the tech sector.
President Trump stated in a Fox News interview that he has identified a buyer for TikTok's US operations, pending approval from China's President Xi Jinping.
Despite the ongoing negotiations, the Chinese government and ByteDance have continuously opposed the sale of TikTok's operations in the US.
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