U.S.-China Reach Breakthrough TikTok Deal Amid Economic Tensions
A U.S.-China agreement impacts TikTok's American operations, allowing China’s ByteDance one board member in a new, American-majority entity. President Trump aims to secure U.S. user data and ownership while navigating diplomatic complexities. Details await as Congress and lawmakers scrutinize the proposed arrangement.
A groundbreaking agreement between the United States and China has emerged concerning the operations of TikTok in the U.S., where Beijing's ByteDance will choose one among seven board members, while Americans will occupy the remaining six seats, according to a senior White House official.
The arrangement comes as President Donald Trump works to prevent the popular app from being banned, following a 2024 law requiring TikTok's U.S. assets to be sold. Trump has postponed law enforcement until December to explore divestiture options, ensuring U.S. ownership while preserving diplomatic ties.
Details released align with recent reports, suggesting a deadline extension to April. Lawmakers, however, demand clearer insights into user data protection and ownership structure. Trump's administration highlighted storing American data on local infrastructure and independently managed algorithms, addressing national security concerns.
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