U.S. President Donald Trump will try to deal with TikTok in the time frame that he has, U.S. Commerce Secretary Howard Lutnick told Fox Business in an interview on Friday, without offering any further detail.

TikTok could have one or a few new owners, be banned again, or simply receive another reprieve to continue operating in the United States. Questions about the fate of the popular video sharing app have continued to linger since a law requiring its China-based parent company to divest or face a ban took effect on Jan.

U.S. Secretary of Commerce Howard Lutnick said President Donald Trump will try to deal with the short video content app TikTok in the time frame that he has. Lutnick's comment came during a Fox Business interview Friday as the deadline for the sale-or-ban law approaches.

After taking office on Jan 20, Trump paused the ban on TikTok and gave his administration and the company a 75-day extension to find a new buyer for its U.S. operations.

With an April 5 deadline looming, TikTok could be sold, banned again, or given another extension. Here’s what’s at stake.

President Donald Trump said Sunday he was negotiating with four different possible buyers for TikTok’s US business and that a deal for the social video app could come “soon.”

A US law is forcing TikTok's Chinese-owned parent company ByteDance to divest from the platform or face a ban. View on euronews