Washington D.C. – US President Donald Trump announced on Monday that a deal has been reached with China concerning the future ownership of the popular social media platform TikTok. This marks a significant development after a long-standing dispute over security concerns.
According to US Treasury Secretary Scott Bessent, the framework agreement will allow a US ownership of TikTok’s American operations. President Trump said that he would be speaking with Chinese President Xi Jinping later this week to finalize the agreement.
The deal comes after intense trade discussions between the two countries aimed at keeping the widely used video-sharing app functional in the US market. Trump emphasized that this agreement responds to public interest, particularly among younger users in the country.
The announcement has sparked various reactions from political and tech communities, highlighting its potential impact on:
- International relations
- Technology regulations
- The social media ownership landscape
- US-China tech cooperation
This milestone follows years of negotiations dating back to Trump’s first term in office. More details on the implementation and formal approval process are awaited as talks continue.
Stay tuned to Questiqa World News for the latest updates.
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