TikTok’s US Operations Secured: Trump Administration and China Forge Agreement

The Trump administration and China have reached an agreement that will allow TikTok to continue operating within the United States. This resolution marks the culmination of efforts that began during President Donald Trump’s first term. Treasury Secretary Scott Bessent announced that a framework agreement had been finalized, with a meeting scheduled between President Trump and Chinese leader Xi Jinping on Friday to finalize the agreement. Bessent underscored President Trump’s involvement, indicating direct guidance influenced discussions with Chinese officials. The deal’s success was attributed to Trump’s leadership and the leverage he provided. Discussions between diplomats from both countries took place in Spain this week, focusing on trade and related matters. Bessent, who led the US talks, noted that TikTok was a primary consideration. The primary goal was to ensure a fair deal for China that addressed US national security concerns. The negotiations were informed by previous legislation that would have banned TikTok, which stipulated that unless its China-based parent company divested from its US operations, the app would be banned. An executive order signed by Trump postponed the enforcement of the ban for 75 days. Having previously supported a ban on TikTok, Trump altered his approach prior to the 2024 election, recognizing the platform’s impact on his campaign. The President expressed satisfaction with the progress of the trade meeting in Europe and hinted at an agreement regarding a ‘certain’ company that is popular among young people in the US.