Trump Administration Races to Finalize TikTok Sale Before April 5 Deadline

President Trump and Vice President JD Vance are working to broker a deal to transfer TikTok's U.S. ownership, citing national security concerns over its Chinese parent company ByteDance.

The Trump administration has set an April 5 deadline for TikTok's Chinese parent company, ByteDance, to sell the app's U.S. operations or face a potential nationwide ban.
Vice President JD Vance expressed optimism that a high-level agreement could be in place by the deadline, though clerical and legal complexities might delay finalization.
President Trump has indicated he prefers to meet the current deadline but is open to a potential extension if necessary to secure a deal.
Multiple groups, including prominent entrepreneurs and tech figures, have expressed interest in acquiring TikTok, with bids reportedly reaching as high as $47.45 billion.
The administration emphasizes that any deal must address national security concerns and ensure the protection of American users' data privacy.