Amazon has told the White House it is interested in buying TikTok ahead of a key deadline by which its parent company, China-based ByteDance, must either sell the popular social media app or face a ban in the U.

President Donald Trump is expected to decide the fate of Chinese video-sharing app TikTok’s operations in the U.S. during a White House meeting

The White House could announce the outline of a deal as the deadline for TikTok to find a non-Chinese buyer approaches this week, Wedbush analysts said in a research note. Wedbush views TikTok "as one of the biggest and first chips on the poker table around US/China relations.

TikTok is generating headlines again this week as President Donald Trump was expected to be meeting Wednesday with aides about an investment deal that could keep the Chinese-controlled platform running in the U.

Amazon has placed a bid on TikTok, as the April 5 deadline nears for a potential sale of the social media company. If a deal does not emerge, the popular app could face a nationwide ban.