WASHINGTON, Aug 22 (Reuters) - President Donald Trump
has U.S. buyers lined up for TikTok and could further extend
the deadline for China-based ByteDance to divest the app's U.S.
assets, he said on Friday, days after the White House joined the
short video platform.
Speaking to reporters, Trump dismissed bipartisan security
concerns over TikTok, saying his administration would watch for
any problems. He said he would talk to Chinese President Xi
Jinping "at the right time."
The Republican president has repeatedly opted not to enforce
the deadline following passage of a 2024 law requiring that
TikTok stop operating by January 19 of this year. He recently
pushed the deadline to September 17.
The White House joined the app on Tuesday.
"I haven't spoken to President Xi about it," Trump told
reporters during a visit to a White House gift shop across the
street from the presidential residence. "In the meantime, until
the complexity of things work out, we just extend a little bit
longer."
"We have very substantial American buyers that want to buy
it," he added, without naming any individuals or companies.
Asked if he was concerned about privacy or national
security, Trump said: "I'm really not. I think it's highly
overrated ... I'm a fan of TikTok."
Last year's law requires ByteDance to divest of the app's
U.S. assets or demonstrate significant progress toward a sale.
Trump opted not to enforce it after taking office on January 20.
Some lawmakers have criticized the delay, arguing his
administration is flouting the law and ignoring national
security concerns related to Chinese control over TikTok.