A deal to spin off TikTok's U.S. operations into a U.S.-based firm was paused after China responded to Trump's announcements of tariffs on China. Trump's comments could add clarity to the future of the app in the United States.

Trump says TikTok deal talks with China may begin next week, as ByteDance faces a September 17 deadline to divest US assets amid ongoing political and regulatory negotiations.

Trump had previously signed an executive order extending the deadline for a TikTok sale to September in order for the application to continue operating in the United States last month, which was the third extension made by Trump since beginning his second term in January.