Trump Sets Conditions For Potential TikTok Sale

After receiving backlash over wanting to ban TikTok, Trump said he would allow an American company to purchase the fast content app but with a catch.

On Monday, Trump set a deadline for TikTok to find a buyer in the U.S. to avoid shutting the app down in the U.S. to September 15. Trump also said that the deal wouldn’t happen without the U.S. receiving a “substantial amount of money.”

“Right now they don’t have any rights unless we give it to them. So if we’re going to give them the rights, then … it has to come into this country,” said Trump. “It’s a great asset, but it’s not a great asset in the United States unless they have approval in the United States.”

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