Trump confirms TikTok deal with China
The article reports that former President Donald Trump announced a deal between his administration and China allowing the social media platform TikTok to continue operating in the United States. Trump stated that he woudl speak with Chinese President Xi Jinping to finalize the agreement, which he described as beneficial for both countries and different from previous deals. The deal reportedly involves ByteDance, TikTok’s Chinese parent company, owning less than 20% of the app, with restrictions preventing the Chinese government from accessing user data.
This announcement comes after a 2024 law, passed during Joe Biden’s presidency, required TikTok to divest from ByteDance or face shutdown in the U.S. Trump delayed enforcing this shutdown multiple times due to TikTok’s popularity among younger Americans. He emphasized that many parents urged him to keep the app operational for their children. The announcement follows recent comments by Treasury Secretary Scott Bessent confirming that a deal framework had been established. The impending TikTok ban’s enforcement has now likely been postponed due to this growth.
Trump confirms TikTok deal with China
President Donald Trump announced Tuesday that his administration reached a deal with China to allow the social media platform TikTok to continue operating in the United States.
“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 told reporters at the White House. “We made a very good, great deal, and I hope good for both countries. But a very different deal than they’ve made in the past.”
Congress passed a law in 2024, while former President Joe Biden was still in office, requiring TikTok to divest from its Chinese-based owner, ByteDance. However, Trump has repeatedly delayed the required shutdown of the app if a deal is not reached, citing its popularity with young Americans.
Trump did not give specific details about the deal on Tuesday before leaving for the United Kingdom, though reports have suggested ByteDance would own less than 20% of the app. The Chinese government would also be unable to access user data, according to Politico.
“We have a group of very big companies that want to buy it,” Trump said about the deal. “And you know, the kids wanted it so badly, I had parents calling me up. They don’t want it for themselves. They want it for their kids. They say, if I don’t get it done, they’re in big trouble with their kids. And I think it’s great.”
“I hate to see value like that thrown out the window,” he added.
TRUMP IS MORALLY AND LEGALLY OBLIGATED TO SHUT DOWN TIKTOK
Trump’s comments come one day after Treasury Secretary Scott Bessent said a “framework” of the deal was established.
The TikTok ban was set to go into effect this week, although Trump’s latest announcement will likely mean a further delay.
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