President Donald Trump announced on Tuesday (September 16) that the United States and China had concluded an agreement that would allow Tiktoku to continue operation in America and potentially end the monthly distance over the application.
This agreement would transfer the American assets of Tiktok from the Chinese parent, Fatted, American owners.
Trump did not publish the identity of the US potential buyers, but suggested that the details will soon appear. The planned call of the President with Chinese leader Xi Jinping later this week could complete the organization.
“We have an agreement on Tiktok, I have reached an agreement with China. On Friday I will talk to President XI to confirm everything,” Trump told reporters when he left the White House for a state visit to Britain.
The President added: “We have a group of companies that want to buy tiktok.”
The US has repeatedly aroused national security concerns about the Chinese ownership of Tiktoku and warned that the laws in Beijing could induce a parent company to share user data with the government. Washington promoted US investors to take control of Tiktoku operations in America.
170 million US users
The agreement means a breakthrough in negotiations between the two largest economies in the world and could alleviate the tension that contributed to the wider trade war of the disturbing global markets. Tiktok counts around 170 million US users, making it one of the most popular platforms of social media in the country.
Tiktok rise
Tiktok, a popular short -term video application in the center of US security debates, is developed by the technology company based in Beijing, founded in 2012 by Zhang Yiming.
In 2016, Douyin, a video sharing platform, and quickly followed the international version of Tiktok.
Pandemie Covid-19 also supported its growth because Homebound users received viral dances and comedy clips. In response to the fact that the rivals Instagram and YouTube have launched competing products-navy and shorts-but until then the tiktok has established itself as a global leader in a short video.
Missed terms and political betting
Trump’s administration has repeatedly expanded the terms of Tiktoka instead of promoting the weaning, regarding the political will of the massive user base. Trump himself scored the application, helping him to win the re -election in 2024 and his personal account Tiktok now has 15 million followers. The White House also launched the official Tiktok account last month.
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