Trump May Discuss TikTok Deal Today — U.S. Ban Draws Closer

Former U.S. President Donald Trump is expected to join talks today on a deal to separate TikTok’s American operations, according to Bloomberg and Reuters.

The urgency stems from a looming deadline: the U.S. grace period on banning TikTok expires this Saturday. Sources say Trump will meet with officials and potential investors to review the final terms of the agreement. Oracle — already providing TikTok’s U.S. cloud infrastructure — and Blackstone, an investor in ByteDance, are among the potential parties involved.

The biggest sticking point remains TikTok’s recommendation algorithm. China may consider it a strategic technology and refuse to hand it over. So even if a deal is reached stateside, final approval will depend on Beijing.

If talks stall, Trump is reportedly open to extending the deadline — and may even lower tariffs on Chinese imports to gain favor with Chinese authorities.