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Thursday, October 29, 2026Oct 29

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Trump says TikTok deal is in the works. Here’s where things stand with the company

FILE - A visitor passes the TikTok exhibition stands at the Gamescom computer gaming fair in Cologne, Germany, Thursday, Aug. 25, 2022. (AP Photo/Martin Meissner, File)
FILE - A visitor passes the TikTok exhibition stands at the Gamescom computer gaming fair in Cologne, Germany, Thursday, Aug. 25, 2022. (AP Photo/Martin Meissner, File) FILE - A visitor passes the TikTok exhibition stands at the Gamescom computer gaming fair in Cologne, Germany, Thursday, Aug. 25, 2022. (AP Photo/Martin Meissner, File)

In less than a month, TikTok could have one or a few new owners, be banned again, or simply receive another reprieve to continue operating in the United States.

Questions about the fate of the popular video sharing app have continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan. 19. After taking office, President Donald Trump gave TikTok a 75-day reprieve by signing an executive order that delayed enforcement of the statute until April 5.

As he returned to Washington from his Florida home on Sunday, Trump told reporters that a deal could come soon. He did not offer any details on the interested buyers, but said the administration was in talks with “four different groups” about TikTok.

“A lot of people want it and it’s up to me,” Trump said aboard Air Force One.

A TikTok spokesperson declined to comment.