President Donald Trump is set to review a final proposal for TikTok on Wednesday as the April 5 deadline approaches, Fox News has learned.
A meeting in the Oval Office will include Vice President JD Vance, Commerce Secretary Howard Lutnick, National Security Advisor Mike Waltz, and Director of National Intelligence Tulsi Gabbard.
The administration is finalizing plans for potential investors, which could include Blackstone, Oracle, and other major private equity and venture capital firms, according to CBS News.
Shortly after taking office, Trump issued an executive order requiring ByteDance to sell TikTok to a U.S. company by April 5 or shut it down. He assured reporters a deal would be reached by Saturday, emphasizing the strong interest in the platform.
“We are working on TikTok. There are many potential buyers,” Trump said. “There’s tremendous interest in TikTok. We have a great team handling the bids. China may be involved, so we’ll see how that develops.”
Speaking to Fox News’ Peter Doocy, Trump stated that negotiations are not currently linked to a broader tariff agreement with China but suggested he remains open to adjustments.
“I’m a very flexible person,” he said. “Maybe I’ll make a trade-off if I get approval for something. I haven’t done it yet, but I might.”
He also confirmed that the final decision rests with him.
“As you know, Congress has given me the authority to make that decision,” Trump said.
During his campaign, Trump declared he would “never ban TikTok” after joining the platform. However, in his first term, he pushed for restrictions due to national security concerns.
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