Trump says China's Xi has approved of proposed deal putting TikTok under US ownership
Briefly

Trump says China's Xi has approved of proposed deal putting TikTok under US ownership
"President Donald Trump has signed an executive order declaring that a proposed deal allowing TikTok to continue operating in the United States will be a qualified sale that meets national security concerns laid out by the law. President Joe Biden signed legislation last year calling for China's ByteDance to sell TikTok's assets to an American company by early this year or face a nationwide ban,"
"but Trump has repeatedly signed orders that have allowed TikTok to keep operating in the U.S. as his administration tries to reach an agreement for the sale of the social media company. Much is still unknown about the actual arrangement, but Trump said Chinese President Xi Jinping gave us the go-ahead to proceed with the deal. Any major change to the popular video platform could have a huge impact on how Americans particularly young adults and teenagers consume information online."
President Donald Trump signed an executive order declaring that a proposed deal allowing TikTok to continue operating in the United States will be a qualified sale meeting national security concerns under the law. President Joe Biden signed legislation last year requiring China's ByteDance to sell TikTok's assets to an American company by early this year or face a nationwide ban. Trump has repeatedly signed orders permitting TikTok to operate in the U.S. while his administration seeks a sale agreement. Much remains unknown about the arrangement, but Trump said Chinese President Xi Jinping gave the go-ahead. About 43% of U.S. adults under 30 regularly get news from TikTok, higher than other social apps, according to Pew Research.
Read at www.ocregister.com
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