WASHINGTON, April 3 (Reuters) - The Trump
administration's decision on an American buyer for the
short-video social media site TikTok will come before a weekend
deadline, Vice President JD Vance said on Thursday.
Bidders for TikTok are
piling up
as Saturday's deadline approaches for TikTok to secure
non-Chinese ownership under threat of being banned from the
United States.
"It'll come out before the deadline," Vance said in an
interview with Fox News. "I think that we're in a good place.
We're going to keep on working at it.
"We've got a couple days to continue working on it, to
finalize some things and, of course, we're going to let the
president announce whatever we ultimately decide," he told "Fox
& Friends."
U.S. officials have raised security concerns over the app's
ties to China, which TikTok and owner ByteDance have denied.
Trump administration officials met on Wednesday to discuss the
various options for TikTok.
Amazon ( AMZN ) and, separately, a consortium led by
OnlyFans founder Tim Stokely are the latest to throw their hats
into the ring for TikTok.
Any announcement on a deal will come from Trump himself,
Vance and White House Press Secretary Karoline Leavitt said.
"The president hopes to get a deal done. He has said he
reserves the right for an extension if necessary, Leavitt said
in an interview with NewsNation.