The United States and China Have Made Agreements That Could Put Part of Tiktok in American Hands. “There is a Framework for A Tiktok Deal,” Says US Treasury Secretary Scott Bessent.
The Sale of Tiktok To An American Party is not Yet Completely Finalized, But With This So-Called Framework Agreement, Agreements Have Been Made About An Impending Sale. “We are not going into the commercial terms of the agreement,” Bessent Told, Among Others, News Agency Reuters . “That is something between two private parties.”
US President Donald Trump confirmed on his Network Truth Social on Monday that an Fasteling Been Reached “On A Certain Company That Young People in Our Country Very Much Wanted to Keep.”
Trump and Chinese President Xi Jinping Will Meet on Friday to discuss the Terms. Accordance to Trump’s Trade Representative Jamieson Greer, The Deal Only Needs Approval From The Leaders. IF an Agreement is Reached, The American Branch of Tiktok would in Any Case Become the Property of An American Company.
It is not Yet Known whom Company Will Buy Tiktok. In The Past, Supermarket Chain Walmart, AI Company Perplexity and Cloud Provider Oracle, Among Others, Have Been Interested in The App. In The United States, Tiktok Has About 135 Million Active Users. The White House is also active on the platform.
US Calls Tiktok A Danger to Security
American Intelligence Services have for years called Tiktok a danger to national security. The app is made by the Chinese Company bytedance. The US Fears That Data From American Users Will Be Passed On The Chinese Government. China Could also Influence Users via The Platform. Tiktok Denies That.
For that reason, trump set an ultimatum earlier this year: either tiktok would be partialy sold to an american party, or the app would go dark. Trump then postponed the Deadline Several Times. September 17 is basically the next closing date.