US President Donald Trump says that the US and China have a deal that will keep the short-video app TikTok operating in the United States, transferring its US assets to US owners from China’s ByteDance, potentially resolving a saga that has lingered for nearly a year.
“We have a deal on TikTok, I’ve reached a deal with China, I’m going to speak to President Xi on Friday to confirm everything up,” Trump tells reporters as he left the White House for a state visit to Britain.
A deal on the popular social media app, which counts 170 million US users, stands as a breakthrough in months-long talks between the world’s No. 1 and No. 2 economies that have sought to defuse a wide-ranging trade war that has unnerved global markets. Trump did not announce specifics of the deal.
Any agreement could require approval by the Republican-controlled Congress, which passed a law in 2024 during the Biden administration that required divestiture due to fears that TikTok’s US user data could be accessed by the Chinese government, allowing Beijing to spy on Americans or conduct influence operations through the app.
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