A split image showing the TikTok logo on a smartphone and Donald Trump speaking.
Share this @internewscast.com

DONALD Trump said he has a group of “very wealthy people” lined up to buy TikTok.

The President has consistently postponed the implementation of a ban prohibiting the app to provide additional time for talks with the Chinese proprietors, who have persistently declined to sell.

A split image showing the TikTok logo on a smartphone and Donald Trump speaking.
Donald Trump said he has potential buyers of TikTok waiting in the wingsCredit: AFP
Close-up of a person using a Google Pixel smartphone to select an app.
TikTok was temporarily disabled on US devices in JanuaryCredit: Getty
Close-up of TikTok CEO Shou Zi Chew testifying before Congress.
TikTok CEO Shou Zi Chew has argued the sale to American owners is not necessaryCredit: AFP

Trump has fought to force TikTok’s owners to sell to an American party since his first term.

A law signed the previous year renders it unlawful to function under the current Chinese ownership, yet the prohibition has been postponed three times, and the company has continually refused to divest.

However, on Sunday, Trump told Fox News a “group of very wealthy people” wanted to purchase the app from ByteDance.

He said: “I think I will need China[’s] approval, and I think President Xi will probably do it.”

Without revealing any details, he added: “I’ll tell you in about two weeks.”

The closest to Trump has come to barring American users from TikTok was at the time of his inauguration in January this year.

A ban was enforced on January 19, leading TikTok to suspend its operations an hour before the ban took effect, informing users that “you can’t use TikTok for now” because of a “law banning TikTok”.

But around 12 hours later it came back online after conversations between the US and China behind the scenes – and was available for download again three weeks later.

Since then, Trump has delayed the ban three times – twice for 75 days and most recently by 90 days on June 17.

The eventual ban or sale is required by a “foreign adversary” bill signed in March 2024.

ByteDance challenged the Act, but it was upheld by the Supreme Court in January.

Trump rips critics & insists ‘bombs went through like butter’ at Iran sites

It’s not clear how much TikTok would sell for, with valuations ranging from $30billion to $300billion.

Rumoured new American owners have included major tech companies like Microsoft and Oracle.

The wildly popular YouTuber Mr Beast, real name Jimmy Donaldson, said in January he would submit an official offer for TikTok through and investment group led by Jesse Tinsley.

Steve Mnuchin, Trump’s treasury secretary during his first term in office, also floated the idea of purchasing the app with a group of billionaire investors when the ban was first passed.

Amazon reportedly made a last-minute bid to purchase TikTok three days before the second recent extension in April.

The bill banning continued Chinese ownership of TikTok cites concerns about national security risks.

ByteDance was initially given nine months to sell-up – and that expired in January.

However, the company has repeatedly insisted it will not give-up the app.

It said in April: “ByteDance doesn’t have any plans to sell TikTok.”

Reports circulated that it was considering a sale of the app without the key algorithm, but these were denied.

The owners insisted: “Foreign media reports of ByteDance selling TikTok are not true.”

President Trump at a White House press conference.
Trump has postponed the ban of TikTok three times this yearCredit: Getty
Share this @internewscast.com
You May Also Like
Donald Trump being helped off stage at a campaign event.

Why a Major Tragedy Was Nearly Averted in the Trump Assassination Attempt – More Needs to Be Done

A FORMER Secret Service agent has highlighted that Donald Trump’s troubled rally…
Senate GOP Plans Another Bite of the Reconciliation Apple, and Guess Who's Opposed

Senate Republicans Try Again with Reconciliation, but Opposition Arises

The One Big Beautiful Bill has been approved and signed into law…

Introducing the ‘Sea Spaceship’: A Futuristic Luxury Yacht Promising a Refined, Million-Dollar Getaway

A FUTURISTIC luxury yacht that’s dubbed a “sea spaceship” has been unveiled.…
Large fire with thick black smoke.

Trump’s Plan to Send Long-Range Missiles to Ukraine Could Transform War, as Patience with Putin Dwindles

Experts suggest that Donald Trump’s decision to provide long-range weapons to Ukraine…
Group of girls in white dresses posing for a photo.

The Ominous Truth Behind Camp Mystic: Survivor Shares Why Girls Didn’t Recognize Fellow Campers’ Distress

GIRLS huddled inside their cabins as blood-curdling screams rang out in the…
Ongoing trash strike draws pressure from officials as communities struggle with waste build-up

Continuous Waste Strike Puts Pressure on Officials as Communities Battle Trash Accumulation

As the worker strike across multiple states nears its second week, state…
Hearing begins for Marni Yang to present new evidence in murder of Rhoni Reuter, pregnant girlfriend of Bears star Shaun Gayle

Marni Yang Presents New Evidence in Case Involving Murder of Rhoni Reuter, Pregnant Partner of Bears Star Shaun Gayle

In Lake County, Illinois, Marni Yang, formerly a Chicago real estate agent,…
Iranian President Masoud Pezeshkian chairs a meeting.

Iran’s President Hurt in Israeli Missile Attack on Tehran Security Meeting Before Quick Evacuation

IRAN’S President was reportedly injured during an Israeli blitz during the 12-day…
Victims of 'Bernie Madoff of cows' take on major banks in massive ghost cattle Ponzi scheme

Investors Duped by the ‘Cattle Madoff’ Challenge Big Banks in Huge Fake Cow Ponzi Scandal

Victims affected by a deceased financier dubbed the “Bernie Madoff of cows”…
Crime scene at a Victorville convenience store.

Teddy bear with ‘realistic human skin, eyes, and lips’ discovered on sidewalk causes alarm

A DISTURBING teddy bear seemingly made out of human skin sparked a…
The Internet Is Laughing at Debbie Wassermann Schultz and Her 'Alligator Alcatraz'

Debbie Wassermann Schultz Becomes the Butt of Internet Jokes with Her ‘Alligator Alcatraz’

My colleague Bob Hoge covered remarks made by Rep. Debbie Wasserman-Schultz (D-FL)…
The Left's Continual Calls for Assassinations Are Growing Alarming

Trump Shares How He Believes Divine Intervention Saved Him on the Anniversary of Butler Assassination Attempt

During a rally in Butler, Pennsylvania, President Donald Trump marked the one-year…