On Friday, President Trump announced an agreement with China that will allow the social video app TikTok to continue operating in the United States.
Donald Trump announced on his social media platform, Truth Social, that he had a “very productive call” with Chinese President Xi Jinping on Friday morning. TikTok, which is owned by the Chinese company ByteDance, has raised concerns among U.S. politicians about data security and national security.
On Friday, Trump announced advancements in several key areas, such as trade, addressing the fentanyl crisis, working towards a resolution to the Russia-Ukraine war, and finalizing the agreement regarding TikTok.
He said the conversation went well and they plan to talk again soon. He also thanked them for approving TikTok and expressed excitement about meeting at the APEC summit.
Okay, so the TikTok saga seems to be wrapping up. For months, we’ve all been wondering what would happen to the app here in the States, with concerns raised about its connection to China and potential security risks. Trump had hinted something was in the works, and now he’s confirmed a deal is coming. While details are still scarce, he’s said that American investors will be taking ownership of TikTok’s U.S. operations. It’s still developing, but it looks like TikTok might have a future in the U.S. after all.
At a press conference on Thursday, former President Trump stated that TikTok is a very valuable company. He also mentioned the U.S. would profit from any deal involving the app, receiving both a fee and a share of the profits. He explained that the money generated would ultimately benefit all American investors.
According to the Wall Street Journal, TikTok users in the U.S. would move to a new version of the app powered by technology from its parent company, ByteDance. Oracle, a cloud computing company, would handle U.S. user data in Texas. The Journal also noted that the specifics of this agreement were still under discussion and subject to change.
A new agreement allows TikTok to keep running in the United States. This comes after President Biden signed a law requiring its owner, ByteDance, to either sell TikTok’s U.S. operations or face a ban, due to worries about data security. TikTok insists it doesn’t share user information with the Chinese government and says China hasn’t requested any sensitive data.
Originally, the law set a January 19th deadline for ByteDance. However, President Trump has repeatedly extended it, most recently to December 16th.
TikTok is incredibly popular in the U.S., with over 170 million users. It’s a platform where people can find fun, short-form videos, and it’s become a hub for both creators and businesses.
Business
President Trump announced on his social media platform that talks between U.S. and Chinese officials were successful, and an agreement was made concerning a specific company that many young Americans hoped would be rescued.
Some experts questioned whether the agreement would fully satisfy Congress’s worries about security.
Carl Tobias, a law professor at the University of Richmond, explained that there are too many unresolved issues and potential problems with the situation.
The deal regarding TikTok happens while the U.S. and China are negotiating trade terms despite ongoing tariffs.
On Thursday, Trump claimed TikTok played a role in his 2024 election victory. He had previously worked to keep the app running in the United States, hoping to attract younger voters.
He changed his position from his first term, when his administration had considered banning the app.
According to Daniel Keum, a management professor at Columbia Business School, a deal regarding TikTok likely won’t bring significant changes. He explains that many content creators have already diversified their online presence by sharing their work on platforms like Instagram and YouTube, anticipating potential issues with TikTok.
Even with the questions surrounding TikTok’s future, platforms like YouTube and Facebook had already started copying its short-form video style, so creators were sharing their videos on those sites as well.
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2025-09-19 19:31