Donald Trump says he will consider a final proposal for the Tiktok sale as a deadline of April 5.
US President Donald will consider a final proposal for Trump Tikokok A report on Wednesday (April 2) said. For this, there will be a meeting at the Oval Office and will be allegedly attended by the Vice President. JD VanceCommerce Secretary Howard Lutnik, National Security Advisor Mike Waltz and Director of National Intelligence Tulsi Gabbard said.
First reported by CBS News, the Trump administration is finalizing plans for potential investors that may join black Stone And OracleAlso a long list of other investors will probably include blue chip private equity firms, enterprise capital firms and key investors in the technology industry.
Oracle is already the primary cloud provider of Tiktok and is floated as a prominent player, possibly work with the safety of American user data to overcome security concerns.
‘Tiktok’ till the time limit of April 5
Trump set the deadline for the Chinese original company of Tikokkok on Saturday, April 5, BidensTo sell your stake in the app or potentially to face a ban in the US market. The MPs passed a bill for setting a deadline for sale of January 19 for sale last year, but Trump signed an executive order, giving an expansion of 75 days for the possible deal.
In comment to rider reporters Air Force one Over the weekend, Trump said about Tikokok, “We have a lot of potential buyers. There is a lot of interest in Tiktok. This decision is going to be my decision.”
He said, “I want to survive Tikokkok,” he said, reiterating the comments in the Oval office earlier this week, saying “there is a lot of enthusiasm for Tikok.”
Meanwhile, Vance echoed Trump’s confidence, stating last week that he hoped that “general terms of an agreement” would reach “in early April. However, the success of the deal rests on the approval of Beijing – a potential ‘problem’ given the evaluation of Tikok and its origin in view of the algorithm at its core.
