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<p>President Donald Trump said a “group of very wealthy people” was lined up to purchase TikTok—after repeatedly delaying enforcement of a ban on the popular short form video app owned by Chinese tech company ByteDance.</p>
<figure class="embed-base image-embed embed-0" role="presentation"><div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/686154b62f44cd44378f7923/Chinese-Social-Media-App-TikTok-To-Be-Banned-Unless-Sold-To-US-Company/960x0.jpg?cropX1=0&amp;cropX2=2622&amp;cropY1=144&amp;cropY2=1618" alt="Chinese Social Media App TikTok To Be Banned Unless Sold To US Company" width="100%" height="auto"></div><figcaption><fbs-accordion><p class="color-body light-text" role="button">Trump said a “group of very wealthy people” intends to buy TikTok.</p></fbs-accordion><small>Getty Images</small></figcaption></figure>

 <div class="key-facts-element"> <p>“I think I will need China[’s] approval, and I think President Xi will probably do it,” Trump told Fox News host Maria Bartiromo on her “Sunday Morning Futures” program, but did not go into any further details about the deal.</p>  </div> <div class="key-facts-element"> <p>Trump did not divulge any further details about the buyer, insisting “I’ll tell you in about two weeks.”</p>  </div>


<em>This is a developing story and will be updated.</em>

Trump said a “group of very wealthy people” intends to buy TikTok.{ai:summary}<p>President Donald Trump indicated that a "group of very wealthy people" is poised to buy TikTok, following delays in enforcing a ban on the app owned by Chinese company ByteDance. He suggested that he may need approval from China and President Xi.</p><p>Trump did not provide specific details about the potential buyers but promised more information in about two weeks. #politics</p>

Trump Says He Has A Buyer Lined Up For TikTok

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