JD Vance Says TikTok Deal Will be Reached Before Deadline

What Happened?

Vice President JD Vance said a deal to save TikTok would be reached before an April 5 deadline that would ban the app in the U.S. for millions of users.

Vance told Fox News during an interview Thursday that 'it’ll come out before the deadline' as the stakes have risen in pursuit of saving the platform.

'We’ve got to wait a couple days to continue working on it, to finalize some things,' Vance added. 'And of course, we’re going to let the president announce whatever we ultimately decide.'

This comes after President Donald Trump held a closed-door meeting with top aides to discuss potential investors before Saturday’s pending ban enforcement.

Amazon placed a last-minute bid to acquire TikTok after an offer was made by letter to Vice President Vance and Commerce Secretary Howard Lutnick.

The U.S. tech and e-commerce giant joins several possible investors who could buy a stake in the app.

Software company Oracle, investment firm Blackstone, and Microsoft are reportedly among other possible investors who have entered discussions.

Why it Matters

Trump delayed the ban in January through executive action and suggested he would like to see a bidding war in an effort to save the platform.

If TikTok's parent company ByteDance does not aim to sell to a U.S. buyer, it will face another ban as required by U.S. Congress.

TikTok's U.S. services were restored after the app temporarily went dark for users following the Supreme Court's 27-page unsigned opinion.

The higher court unanimously upheld the law to ban the app.

After extending the deadline period, Trump's goal for TikTok is for an American buyer to acquire half its stake in a 50-50 joint venture partnership.

ByteDance had agreed to work with the U.S. on a long-term solution so that the U.S. could make a deal to protect its national security interest.

Experts have questioned if the law would allow such a venture amid a 20% cap for 'foreign adversary' owners.

White House-led talks have reportedly entailed plans to spin off a new U.S. entity for TikTok and dilute Chinese ownership below a 20% threshold.

How it Affects You

It’s still unclear if Trump's solution would satisfy members of Congress in the end without sole American ownership.

The Trump administration is reportedly considering a deal to potentially resolve TikTok's legal uncertainty that involves leasing the app's algorithm from ByteDance.

However, there are still concerns about whether leasing the algorithm would remove ByteDance from having operational control.

It also comes during a critical period when the U.S. and China are engaging in a brewing trade war.

Officials worry user data could be shared with China’s authoritarian government.

Over one million U.S. content creators patiently await a finalized measure on the TikTok outcome.