President Donald Trump on Thursday signed off on an agreement on a TikTok sale he said would bring the app into compliance with U.S. law.
The agreement gets the app one step closer to complying with a 2024 law that forced ByteDance, TikTok’s China-based corporate owner, to sell the platform or have the app banned in the U.S.
“I had a very good talk with President Xi,” Trump said after signing the executive order. “We talked about TikTok, and he gave me the go-ahead. You know, it’s run by American investors, American companies — great ones.”
Under this deal, the U.S. majority-owner groups would receive a copy of TikTok’s recommendation algorithm, which White House officials said would be trained with data from U.S. users.
In response to a question from NOTUS in the Oval Office, Trump sa