Trump Claims He Has Wealthy Backers Ready to Buy TikTok

Mon Aug 18 2025 10:31:22 GMT+0300 (Eastern European Summer Time)
Trump Claims He Has Wealthy Backers Ready to Buy TikTok

In a recent interview, Trump hinted at a potential deal for TikTok amid ongoing national security concerns.


Former President Donald Trump has disclosed that he has secured a group of "very wealthy people" who are interested in purchasing TikTok, the popular video-sharing app that has faced a ban in the US over national security issues. Speaking on Fox News, Trump indicated he would provide more details within two weeks and expressed confidence that Chinese President Xi Jinping might approve the sale. This announcement comes as enforcement of a law requiring TikTok's sale has been delayed for the third time, now set for September 17. Previous attempts at a sale fell through, and questions remain about whether the current interested parties are the same as before. Despite criticisms of his past actions against TikTok, Trump now sees the app as a potential asset for his 2024 campaign.

Trump's announcement raises questions about the future of TikTok and its operations in the United States.

Trump's confidence in a buyer signals a possible turnaround for TikTok amidst ongoing controversies surrounding data privacy and security concerns linked to its Chinese parent company, ByteDance. The ongoing saga has seen TikTok challenge the legality of government actions against it, even as it navigates a complex geopolitical landscape. Lawmakers remain concerned about user data privacy, while Trump appears to shift strategy, embracing the app as a valuable tool in his political arsenal.

Amidst the fluctuating fate of TikTok, the coming weeks might reveal whether Trump's hopeful claims will materialize or further complicate the fractures between US and Chinese interests.

Trump's claims about TikTok's potential acquisition indicate a pivotal moment in the intersection of technology, politics, and international relations. As the September deadline approaches, both the fate of the app and Trump's political strategy come under scrutiny.

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