Trump orders sale of TikTok, values it at $14 bn

Reuters

Washington, Updated At : 02:03 AM Sep 27, 2025 IST

US President Donald Trump. file

President Donald Trump signed an executive order on Thursday declaring that his plan to sell Chinese-owned TikTok's US operations to US and global investors would address the national security requirements in a 2024 law.

The new US firm would be valued at around $14 billion, Vice-President JD Vance said, putting a price tag on the popular short video app far below some analyst estimates.

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Trump orders sale of TikTok, values it at $14 bn

Reuters

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