Is TikTok getting banned on April 5? President Trump addresses concerns about a potential TikTok ban and what users can expect to happen.

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

ABOARD AIR FORCE ONE - US President Donald Trump said on March 9 that his administration was in touch with four different groups about the sale of Chinese-owned social media platform TikTok, and that all options were good.

Trump says deal "coming soon," but details remain scarce. The fate of TikTok, the wildly popular video-sharing app, hangs in the balance. With a looming deadline of April 5th, the app could soon find itself under new ownership, facing a renewed ban, or simply granted another temporary reprieve to continue operating in the United States.

TikTok shut down briefly in January in accordance with a law Congress passed requiring TikTok and other digital platforms controlled by “foreign adversaries” to be sold or banned.

Potential TikTok buyers include an initiative called "The People's Bid for TikTok," launched by real estate and sports tycoon Frank McCourt's Project Liberty initiative. Others in the running are Microsoft,

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

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

After taking office, President Donald Trump gave TikTok a 75-day reprieve by signing an executive order that delayed enforcement of the statute until April 5.