Donald Trump claims to have found “a buyer” for the Chinese social network

“We have a buyer for Tiktok”Donald Trump said on Sunday. Similarly, June 29, in an interview with the Fox News channel. Meanwhile, “It’s a very rich group of people”then said in the “Sunday Morning Futures” program the American president. Nevertheless, saying that he donald trump claims have found would say more in “About two weeks”. Furthermore, “I think I will probably need China approval and I think President Xi will probably do it”he said.

Under a law voted at Congress in 2024. the social network remains in fact under a ban in the United States, if its parent company Bytedance does not abandon control under two hundred and seventy days. Republican elected officials. Democrats then said they are concerned about the use of data by China or an attempt to influence American public opinion. But mid-June. for lack of agreement, Donald Trump had pushed the deadline for the sale of the Chinese social network a third time, on September 17, leaving Tiktok available for its more than 170 million users in the United States.

Negotiations undermined by trade tensions – Donald trump claims have found

According to several American media. a protocol had been found in early April. He provided for the separation of US Tiktok from the Bytedance group, with a recomposition of capital. The shares held by non -Chinese investors went from 60 % to 80 %, Bytedance retaining the 20 % it currently has. The IT group Oracle. which already hosts the data of Tiktok US on its American servers, was to be maneuver, accompanied, in particular, by the asset manager Blackstone or the entrepreneur Michael Dell.

But the announcement of customs duties imposed by Donald Trump on his business partners. with a particularly high rate for China, blocked donald trump claims have found the transaction on the Chinese side. After the two countries agreed. at the beginning of June, on a “General framework” To normalize their trade relations, China announced on Friday to have “Confirmed” With the United States this framework, ensuring that Washington would raise restrictions against it and that Beijing could validate the export of more articles subject to control, such as certain strategic metals entering into the manufacture of advanced technologies.

But far from suffering from this geopolitical crisis, the social network still claims 170 million users in the United States, including 7.5 million corporate accounts, large groups to SMEs. According to the Specialized Appfigures site. the social network is the second most downloaded application in the United States, behind Chatgpt, on Android phones.