White House to Review TikTok Sale Proposal Ahead of April 5 Deadline

President Trump and senior officials will evaluate a final proposal for the divestment of TikTok's U.S. operations, with a potential extension if no deal is reached by the deadline.

The U.S. government has mandated ByteDance to sell TikTok's U.S. operations or face a nationwide ban due to national security concerns.
President Trump will meet with key officials on Thursday to review a final proposal from potential U.S. buyers for TikTok's U.S. business.
If no agreement is finalized by April 5, the original ban legislated by Congress will be reinstated, though Trump may extend the deadline by up to 90 days.
ByteDance has not confirmed its willingness to sell TikTok, and Chinese government approval remains a critical hurdle in the divestment process.
Potential buyers include prominent U.S. investors and consortia, with bids reportedly ranging from $20 billion to $48 billion.

Australian Broadcasting Corporation