The United States and China have reached a framework agreement regarding TikTok,potentially averting a ban of the popular video-sharing app within the U.S. The deal comes as a deadline loomed for TikTok’s operations in the country, and follows repeated denials from China regarding a forced sale of the platform.
the agreement, facilitated by negotiations spurred by U.S. Treasury Secretary Steven Mnuchin, could extend the deadline by 90 days to allow for finalization of the deal.This growth addresses U.S. national security concerns surrounding TikTok’s Chinese ownership, Bytedance, and the potential for data access by the chinese government.Simultaneously, Bytedance is reportedly developing a standalone TikTok app specifically for the U.S. market, as previously reported by Heise Online.China had previously resisted a sale and cited tariffs imposed by the Trump administration on Chinese goods during the negotiations.
