President Donald Trump has said that if a deal is not reached by the June 19 deadline, he would offer TikTok another extension to divest from its Beijing-based parent company before it faces a ban in the United States.
In an interview that aired on May 4, Trump told Kristen Welker of NBC’s “Meet the Press” that he has a “little sweet spot” in his heart over the short video application because of its popularity among young Americans. He cited his gains among the younger demographic in the 2024 election as a Republican candidate for president with a campaign “focused on TikTok.”
“I’d like to see [a deal] done,” Trump said. “TikTok is—it’s very interesting, but it will be protected. It will be very strongly protected. But if it needs an extension, I would be willing to give it an extension, might not need it.”
In 2024, Congress passed a bill ordering TikTok’s U.S.-based operations to divest from its Chinese parent company, ByteDance, by Jan. 19 or face a ban in the United States.
Lawmakers have expressed national security concerns over the app’s ties to the Chinese regime, particularly regarding the exposure of user data and the potential for algorithm manipulation.
“TikTok is weapons-grade spyware, period,” O’Leary told lawmakers. “It’s one of the best propaganda machines I’ve ever seen.”
That pushed TikTok’s deadline to June 19.
“We had a deal pretty much for TikTok, not a deal, but pretty close,“ Trump told reporters aboard Air Force One. ”And then China changed the deal because of tariffs. If I gave a little cut in tariffs, they would approve that deal in 15 minutes, which shows the power of tariffs.”
In the May 4 interview, which was filmed at his Mar-a-Lago estate in Palm Beach, Florida, Trump said a deal is being negotiated with a potential buyer for TikTok’s U.S. operations.
“We have a group of purchasers, very substantial people,” Trump said. “They’re going to pay a lot of money. It’s a good thing for us. It’s a good thing for China.”
Previously, several bidders had stepped up to the plate in talks to buy TikTok, including Amazon and a consortium led by OnlyFans founder Tim Stokely.
Trump suggested that a potential TikTok deal would be included in negotiations with China to end the ongoing tariff war.
“If we make a deal with China, I’m sure that will be a subject, and it will be a very easy subject to solve,” he said.