President Donald Trump claims that he's secured a buyer for TikTok, which would keep the popular video sharing app available to U.S. users. Even so, there's still further work to do before any potential sale is finalised.

In a Fox interview, Trump claimed to have a buyer for TikTok, hinting at wealthy individuals whose identities will be revealed soon. He believes China's approval, specifically from President Xi, is likely needed for the sale.

President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks. "We have a buyer for TikTok, by the way," Trump said in an interview on Fox's Sunday Morning Futures with Maria Bartiromo.