TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, The Information reported on Sunday, citing unnamed sources.

This comes as U.S. President Donald Trump said on Friday he will start talking to China on Monday or Tuesday about a possible TikTok deal.

He said the United States “pretty much” has a deal on the sale of the TikTok short-video app.

TikTok has developed a plan to launch the new app to U.S. app stores on September 5, the report said.

Last month, Trump extended to September 17 a deadline for China-based ByteDance to divest the U.S. assets of TikTok.