The White House will hold a key meeting this week to evaluate a final proposal for TikTok’s US operations, just days before the April 5 deadline for the app to secure a non-Chinese buyer or face a national ban.

President Donald Trump will meet with Vice President JD Vance, Commerce Secretary Howard Lutnick, National Security Adviser Mike Waltz, and Director of National Intelligence Tulsi Gabbard to review the latest developments, according to a White House official.

Private equity firms and US investors are at the centre of the proposed buyout. Blackstone is reportedly in talks to take a minority stake in TikTok’s US business, alongside existing non-Chinese shareholders in ByteDance such as Susquehanna International Group and General Atlantic.

Andreessen Horowitz is also exploring participation, with co-founder Marc Andreessen reportedly seeking to support a consortium led by Oracle and other American investors aiming to carve out TikTok’s US assets from its Chinese parent company.

Trump has confirmed that four different groups are in discussions regarding the future of the platform, which is used by 170 million Americans. The White House, with Vance running the auction-style process, is playing an active role in shaping the outcome.

The previous offer from Brookfield, another potential investor, valued TikTok at €6.7bn but was withdrawn in November. Talks have since resumed, with the current offer reportedly reaching €7bn.

The process continues under significant political scrutiny, as the April 5 deadline approaches.