President Donald Trump said his administration has identified a group of buyers for TikTok, and their names will be released in two weeks.
Trump made the announcement to Maria Bartiromo in an interview on “Sunday Morning Futures” while talking about potential tariff deals.
“We have a buyer for TikTok by the way,” Trump said in the interview, which was released June 29. “I think I’ll need probably China approval, and I think presidency will probably do it.”
He said the buyer is “a group of very wealthy people” without providing additional details.
Ten days ago, Trump signed a 90-day extension preventing a TikTok sell-or-ban law from going into effect after it was passed by Congress. Lawmakers have said they’re worried the company was using the mega-popular video platform to spy on Americans.
The latest delay was the third time Trump has moved to keep the law from going into effect using an executive order.
Congress approved the ban of the app if was not sold to a non-Chinese company last year, and former President Joe Biden signed it into law. The Supreme Court has since upheld the potential ban’s constitutionality, but since returning to office, Trump has directed the Department of Justice not to enforce it. His executive orders have kept the app from going dark.
This article originally appeared on USA TODAY: Will TikTok be banned? Trump says there’s a new group of buyers
