
President Donald Trump has indicated the presence of a potential buyer for the US operations of TikTok, the widely used social media app owned by China’s ByteDance Ltd. However, he has decided to keep the specifics under wraps for the next two weeks.
What Happened: During a conversation with Fox News’s Sunday Morning Futures, Trump said, “We have a buyer for TikTok, by the way. I think I’ll need probably China approval and I think President Xi will probably do it,” as per a Bloomberg report.