TikTok Sale to U.S. Buyer Expected Before April 5 Deadline, Says Vice President Vance

Vice President JD Vance expressed confidence that a deal addressing national security concerns will be mostly finalized by early April, though clerical delays could push completion past the deadline.

TikTok's Chinese parent company, ByteDance, is required by U.S. law to sell the app to an American buyer or face a nationwide ban starting April 5.
Vice President JD Vance stated that a 'high-level agreement' is likely to be reached, creating a distinct American TikTok entity that satisfies national security concerns.
President Trump signed an executive order in January extending the original January deadline to April, and he has indicated he may grant another extension if necessary.
Potential buyers include major companies and investor groups, though details on the negotiations and ByteDance's willingness to sell remain unclear.
Vance noted that finalizing the deal involves significant legal complexities, including equity ownership and investor contracts, which could delay the process past the deadline.