United States President Donald Trump is expected to sign an executive order this week approving a deal to divest TikTok’s US operations from its China-based parent company, ByteDance, in compliance with a 2024 law.
The White House announced the agreement on Monday. A senior official said the US believes China has approved the deal and no further talks with Beijing are planned although additional paperwork is still required from both sides.
Trump has sought to prevent TikTok, which has about 170 million American users, from being banned under a law passed by Congress that required ByteDance to sell its US assets by January this year.
Enforcement of that deadline has been delayed until mid-December while the Trump administration works to separate TikTok’s US operations, bring in America