White House to Hold Meeting on TikTok’s National Security Concerns

U.S. President Donald Trump is set to review a final proposal regarding TikTok on Wednesday, ahead of the April 5 deadline for the app to secure a non-Chinese buyer or face a potential U.S. ban, a White House official confirmed to Reuters.

A high-level meeting will take place in the Oval Office, attended by Vice President JD Vance, Commerce Secretary Howard Lutnick, National Security Adviser Mike Waltz, and Director of National Intelligence Tulsi Gabbard. This follows a prior report by CBS News and underscores the administration’s urgency in addressing TikTok’s ownership.

Private equity giant Blackstone (BX.N) is reportedly in talks to join ByteDance’s existing non-Chinese shareholders—including Susquehanna International Group and General Atlantic—to pool fresh capital for a bid on TikTok’s U.S. operations, as previously reported by Reuters.

President Trump stated on Sunday that a deal with ByteDance to sell TikTok, which boasts 170 million American users, is expected before the April 5 cutoff. The deadline was initially set in January under a 2024 national security law, requiring TikTok to divest from Chinese ownership or risk a U.S. ban.

Meanwhile, the Financial Times revealed that Silicon Valley venture capital firm Andreessen Horowitz is negotiating an investment in TikTok as part of a Trump-backed initiative to gain control of the app. Marc Andreessen, the firm’s co-founder and a vocal Trump supporter, is reportedly involved in talks to secure outside funding that would buy out TikTok’s Chinese investors. This effort aligns with a broader bid led by Oracle (ORCL.N) and other U.S. investors to separate TikTok from ByteDance.

Additionally, Reuters reported last Friday that Blackstone is evaluating a minority investment in TikTok’s U.S. operations, citing two sources familiar with the matter.

As discussions intensify, the leading proposal centers on ByteDance’s largest non-Chinese investors increasing their stakes to acquire TikTok’s U.S. segment. TikTok and Andreessen Horowitz have yet to comment on the latest developments.

The outcome of Wednesday’s meeting could determine whether TikTok avoids a U.S. ban or undergoes a historic ownership shift.