The United States has reached a deal with China over the popular social media app TikTok.

White House press secretary Karoline Leavitt said Monday during a press briefing that she could confirm a few details ahead of President Donald Trump’s announcement later this week where he is expected to sign an executive order finalizing the deal, which is many months in the making.

According to Leavitt, TikTok will be owned by a majority of American investors and controlled by a board of directors that have national security and cybersecurity credentials. It will be “in partnership with the U.S. government,” she said.

Computer software company Oracle will be serving as the app’s “trusted security provider” and will independently monitor the data safety and security of U.S. users on the platform.

See Full Page