It’s been about five months since a law requiring TikTok to be banned in the United States unless it was sold off by its China-based parent company, ByteDance, technically went into effect.

Reuters shares a snippet of a video taken during Trump's recent interview on the Fox News program "Sunday Morning Futures with Maria Bartiromo". "We have a buyer for TikTok, by the way," Trump says in the video, adding "I think I'll need probably China's approval. I think President Xi will probably do it."

He didn’t say who was interested in buying the app, just that it was “a group of very wealthy people.” But the Chinese government needs to approve any sale.