Trump Says US TikTok Buyer Lined Up, but Beijing Wants to Retain Algorithm

‘We have a deal on TikTok,’ Trump said on Tuesday.
Trump Says US TikTok Buyer Lined Up, but Beijing Wants to Retain Algorithm
A woman poses with her smartphone displaying the @realdonaldtrump TikTok page, in Washington on Jan.19, 2025. Shannon Stapleton/Reuters
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President Donald Trump said on Sept. 16 that the United States has a buyer for TikTok and that a deal will preserve tens of billions of dollars in value for both China and the United States.

“We have a deal on TikTok. ... We have a group of very big companies that want to buy it,” Trump said at a press conference, without providing further details.