**In a recent Fox News interview, Donald Trump announced his confidence in securing a buyer for TikTok from a group of affluent investors as the controversial app faces a possible ban in the US.**
**Trump Claims He Has Wealthy Group Ready to Purchase TikTok**
**Trump Claims He Has Wealthy Group Ready to Purchase TikTok**
**Former President teases potential buyer amidst ongoing debates about user data security.**
In a fresh twist in the ongoing saga surrounding TikTok, former President Donald Trump recently disclosed that he has identified a group of "very wealthy people" interested in acquiring the popular video-sharing platform, which has faced scrutiny in the US over national security concerns. During a Fox News interview, Trump hinted that further details would be revealed shortly, expressing optimism about the potential sale.
The acquisition would require approval from the Chinese government, but Trump expressed confidence that President Xi Jinping may be amenable to allowing the transaction. This news comes as the enforcement of a law mandating TikTok's sale has been postponed for the third time this month, with parent company ByteDance required to finalize a deal by September 17.
The US Congress originally passed legislation last year to facilitate TikTok's sale due to worries that the app could transmit sensitive user data to the Chinese government. While TikTok has consistently denied these allegations, fears have been heightened, leading to ongoing debates about privacy and foreign influence in American social media.
Previously, a proposed sale to an American buyer fell through in April after tensions between the US and China escalated over trade tariffs. It remains uncertain whether the current interested buyers are linked to any past negotiations.
Despite his previous criticisms of TikTok during his presidency, Trump has shifted his stance, now viewing the application's presence in the US as potentially beneficial for his upcoming 2024 election campaign. While lawmakers have voiced concerns regarding executive interventions with congressional legislation, Trump's administration continues to navigate the complexities of social media regulation and national security. TikTok has challenged the validity of the sale mandate in court but met setbacks, including a failed appeal to the US Supreme Court.
