(CNN) — President Donald Trump is expected to sign an executive order on Thursday that will clear the way for the completion of a deal to sell TikTok’s US assets to a consortium of mostly American investors, a White House official tells CNN.

The order will mark an important procedural step toward finalizing the TikTok sale, but the deal remains far from complete. Although both US and Chinese officials have signaled they are aligned on the deal’s framework, it will still likely require regulatory approvals from both countries. And as of Monday, the list of investors participating in the deal had not yet been finalized, according to a senior White House official.

Thursday’s executive order is expected to state that the deal constitutes a qualified divestiture as required by the ban-or-s

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