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