Edited by:TJVNews.com

As a pivotal deadline approaches, President Trump has signaled that a deal regarding the future of TikTok in the United States could be finalized imminently. According to a report in The New York Post, the president stated late Sunday that he expects to announce terms on a sale of the Chinese-owned app before the enforcement of a federal ban takes effect this Saturday. The deal would require TikTok’s Beijing-based parent company, ByteDance, to divest from the platform to resolve longstanding national security concerns.

The Biden-era legislation banning TikTok—due to fears that it functions as a surveillance and propaganda tool for the Chinese Communist Party—was delayed by an executive order from President Trump, who extended the enforcement date to April 5. With the clock ticking, Trump emphasized that the final decision rests with him under the authority delegated by Congress.

“We have a lot of potential buyers. There’s tremendous interest in TikTok,” Trump told reporters, according to The New York Post, citing remarks relayed by Reuters. “The decision is going to be my decision, as you know, through Congress. They’ve given me the power to make the decision.” Trump added, “I’d like to see TikTok remain alive.”

Trump has indicated that he is open to extending the sale deadline further, if necessary, to finalize negotiations. Vice President JD Vance has taken the lead on orchestrating the talks, which now appear to involve a coalition of U.S.-based investors. According to The New York Post’s Charles Gasparino, major current stakeholders such as General Atlantic and Sesquehanna are actively seeking to expand their ownership positions in the company.

A central player in the transaction is expected to be Oracle, the software giant helmed by Larry Ellison. Oracle is reportedly being tasked with ensuring the protection of user data for TikTok’s over 170 million American users. According to the information provided in The New York Post report, data security is a critical pillar of the deal, and Oracle’s role could be instrumental in alleviating bipartisan concerns over potential Chinese espionage.

Despite these steps toward localization and American oversight, ByteDance is expected to retain a minority stake in the restructured entity. This provision has raised red flags for several lawmakers, particularly Sen. Tom Cotton (R-Ark.), the chairman of the Senate Intelligence Committee. The New York Post reported that Cotton has long advocated for a full divestment of Chinese interests in the company. However, in light of the ongoing negotiations, Cotton has temporarily shelved his objections, signaling a willingness to allow the White House time to finalize an acceptable solution.

Adding a geopolitical dimension to the negotiations, Trump floated the idea of offering China a potential concession on tariffs in exchange for cooperating on the TikTok divestiture. As The New York Post report highlighted, Trump has already levied a 20% tariff on all Chinese imports and has not ruled out further penalties. “Maybe I’ll give them a little reduction in tariffs or something to get it done,” the president suggested, hinting at a broader strategy that links national security with economic diplomacy.

As the administration works to nail down the final terms, The New York Post reported that a 30-day grace period—or potentially longer—is likely to be announced to accommodate the complex restructuring process. In the meantime, the fate of TikTok in the U.S. continues to hang in the balance, tethered to an intricate web of strategic interests, investor politics, and international leverage.