The administration of US President Donald Trump’s work to find a local buyer for the short-video social media site TikTok is on track ahead of a deadline to reach a deal for non-Chinese ownership, Vice President JD Vance says as bids mount.
“It’ll come out before the deadline,” Vance said in an interview with Fox News’ Fox & Friends program regarding the Saturday target date.
“I think that we’re in a good place. We’re going to keep on working at it.”
There has been uncertainty about the popular video app after a US law took effect on January 19 requiring its China-based parent ByteDance to divest its ownership because of national security concerns.
After taking office, Trump gave TikTok a 75-day reprieve by signing an executive order that delayed until April 5 the enforcement of the law requiring a sale or effectively imposing a ban.
with AP