Trump’s last TikTok call

As the clock ticks toward a 5 April deadline, President Donald Trump is preparing to review a final proposal that could decide the fate of TikTok’s US operations.

A high-stakes Oval Office meeting is set for Wednesday, gathering Vice President JD Vance, Commerce Secretary Howard Lutnick, National Security Adviser Mike Waltz, and Director of National Intelligence Tulsi Gabbard.

The urgency stems from a 2024 law mandating that TikTok divest from Chinese ownership or face a ban on national security grounds.

According to recent reports, a deal may be on the horizon. Trump announced on Sunday that he expects an agreement to be finalised before the deadline.

Central to the negotiations is a group of prominent American investors—including Oracle, private equity firm Blackstone, and venture capital firm Andreessen Horowitz, exploring ways to take over TikTok’s US business from Chinese parent company ByteDance.

The strategy appears to centre on consolidating the stakes of ByteDance’s existing non-Chinese investors, such as Susquehanna International Group and General Atlantic, with an infusion of fresh capital.

The involvement of Andreessen Horowitz, one of Silicon Valley’s most influential firms, underscores the political and financial stakes.

Co-founder Marc Andreessen, a Trump ally, is reportedly coordinating efforts to buy out TikTok’s Chinese stakeholders and reshape the platform’s governance under American leadership.

The Financial Times noted that Oracle and other US-based investors spearhead this initiative, further blurring the lines between political oversight and market acquisition.

Reuters also confirmed that Blackstone is weighing a minority stake in the deal, adding another heavyweight to the potential investor roster.

However, both TikTok and Andreessen Horowitz have declined to comment on the ongoing talks.

Behind the scenes, Trump and his advisors effectively act as intermediaries, with JD Vance reportedly overseeing the auction-like process, a rare move that places the executive branch in a quasi-financial role.

With over 170 million American users, TikTok’s fate is more than just a business matter; it’s a flashpoint in the wider conversation about data sovereignty, tech influence, and US-China digital rivalry.

As negotiations intensify, the Biden-era regulatory stance on tech mergers appears to give way to a more deal-oriented, ‘America First’ strategy under Trump.

For more information on these topics, visit diplomacy.edu.