The United States will soon announce a buyer for TikTok, President Donald Trump said on Tuesday, Sept. 16.
"We have a deal on TikTok. I've reached a deal with China. I'm going to speak to President Xi on Friday to confirm everything up. We made a very good trade deal," Trump told reporters outside the White House on Tuesday.
Trump added that he has had parents calling him up about the platform.
"They don't want for themselves, they want it for their kids," the president told reporters. "They say if I don't get it done, they're in big trouble with their kids. And I think it's great."
U.S. Treasury Secretary Scott Bessent said on Tuesday he anticipates a final deal on TikTok when Trump and Chinese leader Xi Jinping meet on Friday, Sept. 16, Reuters reports. Bessent added that China had a long list of asks when meeting with Trump in Madrid, Spain on Monday, Sept. 15. He further described the negotiations as fulsome, conducted with great respect.
