A shift in tone: Trump previously gave ByteDance an ultimatum: sell TikTok to an American company or be banished from the U.S. market. His remarks Friday signal openness to a compromise, which could bode well for TikTok and its 100 million users in the U.S.
“We’re not going to do anything to jeopardize security, at the same time, it’s an amazing company. Very, very popular,” he said. “So, we can do a combination of both. I’d be very happy doing that.”
Earlier Friday, the Commerce Department issued orders that ban TikTok from U.S. mobile app stores starting Sunday night. But much more onerous restrictions would not go into effect until Nov. 12, giving the administration and the company more time to strike a deal — perhaps even after the U.S. election.
What’s next: Trump offered no timeline for approving the deal but added it could come together “very, very fast.”