Donald Trump says there is a tiktok deal. China is not so
US China may have agreed to an agreement to prevent the Tiktok ban from the social system Tiktok in the United States – if the speech of US President Donald Trump takes. After a long -awaited invitation between Trump and Chinese President Xi Jinping on Friday, Trump announced a victory over the social truth: “The invitation was very good, and we will talk again on the phone, and we can agree to Tiktok, both of whom look forward to the meeting in APEC!”
For any details of the agreement, good luck. Details about the shape and scope of the deal are still largely unclear until Friday afternoon. More importantly, there was no official word from the Chinese government about whether it had agreed to the conditions.
“China’s position on the Tiktok issue is clear: the Chinese government respects the desires of the company concerned and will be happy to see fruitful trade negotiations in line with the market rules that lead to a solution that is compatible with Chinese laws and regulations and takes into account the interests of both sides.” Posted on the site From the Chinese Ministry of Foreign Affairs.
The deal proposed by the Trump Oracle administration, Silver Lake, and Andresen Horwitz, include leading a group of investors to take nearly 80 percent of the American Taikok operation, according to what he said. Wall Street Magazine. Oracle, which has worked closely with Tiktok since 2020, will continue to store American user data on their local servers. The new entity -controlled entity will use the licensed technology from Bytedance, the Chinese mother company Tiktok, to create a similar recommendation algorithm for the TIKTOK recommendation content currently employed.
A White House spokesman told Wire.
The main questions, for example, remain the amount of Oracle and Bytedance control on Tiktok data and American algorithm. Trump’s social function indicates that he will meet with Shi again at your father’s top in South Korea in late October, which means that the details may appear after that.
On Thursday, during a joint press conference with UK Prime Minister Kiir Starmer, Trump boasted that the United States should receive “huge fees” for mediation in the Tiktok deal. It is not clear what the drawings refer to – several officials at the White House asked her, but none of them responded.
The White House, Vice President JD Vance – also attributed the upper channel between billionaires in Silicon Valley and the Western Pavilion – to play a major role in the deal. A White House official was told that Sean Coxy, Verse’s advisor, was “at the forefront” of negotiations on behalf of the Vice President.
Efforts in the United States began to ban Tiktok during the first period of Trump in 2020. The Biden administration canceled Trump’s executive orders on this issue, but it continued to scrutinize Techk. The US conference eventually passed the Americans Protection Act of requests for foreign control (PAFACA) in April 2024.