President Donald Trump signed an executive order in the Oval Office of the White House on Thursday that’s intended to give the green light for U.S. investors to take a large stake in TikTok. But details of the proposed deal still haven’t been revealed, and there are plenty of hoops to jump through before it’s finalized.

“This is going to be American-operated all the way,” Trump said Thursday . “And great respect [sic] for President Xi, and I very much appreciate that he approved the deal. Because to get it done properly, we really needed the support of China and the approval of China.”

Trump has claimed that China’s President, Xi Jinping, has approved the deal, but it still needs formal approval from China, according to the Washington Post . And the Wall Street Journal reports th

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