Trump Set to Unveil TikTok America’ Deal Reports Suggest
posted 3rd April 2025
Trump Set to Unveil TikTok America’ Deal Reports Suggest
The White House is reportedly nearing an agreement that would see American investors take control of TikTok’s operations in the United States, wresting the popular video-sharing platform from its Chinese parent company, ByteDance, just days before a critical deadline.
According to The Information, US President Donald Trump is expected to announce plans for “TikTok America” later today, 2 April 2025.
TikTok, owned by China-based ByteDance, has been embroiled in legal and regulatory battles in the US over national security concerns tied to its Chinese ownership. In January, the US Supreme Court unanimously upheld Congress’s authority to mandate the app’s sale. Following his inauguration, President Trump issued an executive order delaying a potential ban by 75 days, giving TikTok a temporary reprieve.
Under that order, ByteDance has until 5 April to finalise a sale of TikTok’s US operations to American entities—or face a nationwide ban.
Sources cited by the Financial Times indicate that a consortium of prominent US investors—including venture capitalist Marc Andreessen, alongside private equity giants like Blackstone and Silver Lake—could acquire roughly half of TikTok’s American business. Oracle, which already provides cloud infrastructure to store US user data, is said to be leading the effort to detach TikTok from ByteDance.
The proposed deal would see TikTok’s US division “spun off” from its Chinese parent, with ByteDance retaining a minority stake of just under 20% and significantly reduced influence. The Information reports that the American entity would license TikTok’s algorithm from ByteDance rather than owning it outright.
Existing TikTok investors, such as General Atlantic, Susquehanna, KKR, and Coatue, are also expected to take stakes in the US arm, which accounts for about 30% of TikTok’s global business. While negotiations remain fluid and could shift, the timing is critical with the 5 April deadline looming.
President Trump has voiced enthusiasm for the deal on his Truth Social platform. On 19 January, he posted: “SAVE TIKTOK!” He followed up on 3 February, writing: “GREAT INTEREST IN TIKTOK! Would be wonderful for China, and all concerned.”
US Vice President JD Vance, in a March press release, expressed optimism: “There will almost certainly be a high-level agreement that I think satisfies our national security concerns, allows there to be a distinct American TikTok enterprise.”
TikTok CEO Shou Chew, in a January video on the platform after the initial ban was lifted, thanked Trump: “On behalf of everyone at TikTok and all our users across the country, I want to thank President Trump for his commitment to work with us to find a solution that keeps TikTok available in the United States.
