After nine months of waiting, a TikTok sale may be just around the corner.
President Donald Trump hinted in a Truth Social post on Sept. 15 that the United States and China have reached a deal to divest the popular social media platform to a U.S. buyer. The announcement came two days before the next ban deadline for the social media platform, Sept. 17.
"A deal was also reached on a 'certain' company that young people in our Country very much wanted to save. They will be very happy!" Trump wrote in the social media post.
Trump said he will be speaking to Chinese President Xi Jinping on Sept. 19, adding that their relationship "remains a very strong one."
At a trade meeting between U.S. and China officials in Madrid on Sept. 15, U.S. Trade Representative Jamieson Greer said the framework deal is to switch the app to U.S.-based ownership, according to Reuters reporting.
