After TikTok was banned in the United States earlier this year, President Donald Trump gave the platform a reprieve, barreling past a law that was passed in Congress and upheld unanimously by the Supreme Court that said the ban was necessary for national security.

As the deadline to strike a deal over TikTok approaches this week, President Donald Trump has signaled that he is confident his administration can broker an agreement with ByteDance, the social media app's China-based parent company.

Speaker of the House Mike Johnson talks with reporters as he arrives for a closed-door strategy session with fellow Republicans ahead of announcements by President Donald Trump on tariffs, at the Capitol, in Washington, April 1, 2025.

Trump gave TikTok's Chinese parent company ByteDance until Saturday to sell its stake in the app or face a possible ban in the U.S. Lawmakers had originally passed a bill that set a January 19 deadline for the sale, but Trump extended that by 75 days once he retook office.

News of the offer emerged as Trump prepared to meet with senior officials to review the approaching cutoff for TikTok's sale.

TikTok could be banned in the US in the next few days. Or it could stay. Perhaps it will have new owners. Maybe not. Here's how to untangle it all.

In the clip, Trump allegedly responded to Musk’s claim that “Tesla is going down” by saying, “Soon everybody will be buying again.”