Trump said that on September 15, TikTok “will go out of business” if it is not bought by Microsoft or another company.
“We have set a date of approximately September 15, at which point (TikTok) will stop operating in the United States. But if someone, Microsoft or someone else, buys it, it will be interesting,” Trump said.
He added that he had discussed the issue with Microsoft and called for buying the entire company, rather than a stake in it.
“My opinion was that it is better to buy the whole thing than 30%. I think buying 30% is difficult. I said that he (the head of Microsoft) can move on and try (to buy TikTok),” Trump said.
In addition, he insisted that part of the funds from the sale should go to the US Treasury Department.
Earlier, Trump said that he could ban TikTok on the grounds that it is a Chinese company that by law must transfer user data to the Chinese authorities. TikTok states that it has not transferred or plans to transfer user data to the Chinese authorities. Microsoft on Sunday confirmed after consulting with Trump that it will continue to negotiate the purchase of the app.