JAKARATA The US Vice President, JD Vance, estimates that the general provisions of the agreement regarding the ownership of the TikTok social media platform in the US will be completed before the April 5 deadline. This was disclosed by two representatives of the White House, Saturday, March 15.
TikTok's future remains unclear since a law requiring its owner, ByteDance from China, to sell it or face a ban took effect on January 19.
US President Donald Trump, after taking office on January 20, signed an executive order delaying the enactment of the law for 75 days.
Last month, the Republican president appointed Vance and national security adviser Michael Waltz to oversee the potential sale of this social media app. Last weekend, Trump said his government was communicating with four groups interested in acquiring TikTok.
"There will be an almost sure high-level deal, which I think will meet our national security concerns and allow for a separate American TikTok entity," Vance said in an interview with NBC News on the Air Force Two plane, which first reported expectations of finalizing the deal in the near future.
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A White House official said there might still be additional work needed after the April 5 deadline to finalize further details of the deal.
Previously, US President Donald Trump promised to try to deal with TikTok within a predetermined period. This was said by the US Secretary of Commerce, Howard Lutnick, in an interview with Fox Business on Friday, March 14, without providing further details.
Last week, Trump told reporters his government was talking to four different groups about the sale of the Chinese-owned social media platform.
TikTok and ByteDance have not responded to requests for comment.
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