Trump signs executive order approving TikTok U.S. deal, valued at $14 billion
- President Donald Trump signed an executive order allowing an American-led investment group to buy TikTok's U.S. assets, valued at $14 billion.
- The deal aims to separate TikTok's U.S. operations from its Chinese owner, ByteDance.
- American officials have warned that TikTok's algorithm could be manipulated by Chinese authorities.
- Sun Yun, director of the China program at the Stimson Center, commented that a TikTok deal could aid in ongoing trade negotiations with China.
106 Articles
106 Articles
Trump's Executive Order Drives TikTok's Americanization Amid Security Concerns
Trump's Executive Order Drives TikTok's Americanization Amid Security Concerns President Donald Trump signed an executive order Thursday to advance the sale of TikTok's U.S. operations to American and global investors, addressing national security concerns as per a 2024 law. The new U.S. entity is valued at $14 billion, significantly lower than some analyst valuations of the popular app.Vice President JD Vance highlighted the necessity of ensuri…
Donald Trump Signs Executive Order Allowing TikTok to Keep Operating in U.S.
President Donald Trump has signed an executive order that he says will allow TikTok to continue operating in the United States in a way that meets national security concerns laid out by the law. President Joe Biden signed legislation last year calling for China’s ByteDance to sell TikTok’s assets to an American company by early this year or face a nationwide ban, but Trump has repeatedly signed orders that have allowed TikTok to keep operating…
The Latest: Trump signs order to put TikTok under US ownership, says China agreed
President Donald Trump has issued an executive order that says a proposed agreement on bringing TikTok under U.S. ownership meets key security concerns. The order issued Thursday is a critical step in allowing TikTok to continue to operate in the…
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