TikTok to continue US operations as Trump, China’s Xi reach agreement
President Donald Trump has been trying to keep the popular app TikTok from being banned in the US after Congress passed a law in 2024 that ordered it shut down by January 2025. Trump on Sept 16 extended a delay on enforcing a ban against TikTok, marking the fourth postponement of a law designed to force the app’s sale from its Chinese owner.
However, on Sept 25, 2025, Trump signed an executive order outlining the terms of a deal to transfer TikTok to a US owner. The US president said he and China’s president Xi Jinping had come to an agreement to allow TikTok to continue operating in the US, separating the social media platform from its Chinese owner ByteDance. Trump said the deal complies with a law that would have forced the shutdown of the app for American users.
“I spoke with President Xi and he said, ‘Go ahead with it,’” Trump said at a press conference. “This is going to be American-operated all the way.”
Under the plan, US investors will take over the majority of TikTok’s operations and take charge of a licensed copy of the app’s powerful recommendation algorithm. American companies are expected to own about 80% of the US version of the spun off company, while ByteDance and Chinese investors will own less than 20%.
The new version of TikTok will be controlled by a seven-member board of directors made up of cybersecurity and national security experts, six of them Americans, according to the White House. Vice President JD Vance said the new US company will be valued at $14 billion. However, the number is far lower than the valuation for ByteDance overall, at around $330 billion.
The group of American TikTok investors is led by the US software giant Oracle, which will oversee TikTok’s US operations, provide cloud service for user data storage and get a license to take control of the app’s algorithm. White House officials have said ByteDance and Chinese officials will not have access to US user data.
The deal ends months of legal limbo for one of the US’s most widely used apps, while also giving several US companies a powerful newfound influence within the social media industry. TikTok is used by about 180 million people nationwide, and Trump has credited it with helping him win the 2024 presidential election.
In April 2024, the US Congress approved a law that could potentially lead to a ban on TikTok in the country. This legislation was passed amidst growing concerns on Chinese influence and the impact of social media on young people. In the Philippines, similar concerns led to discussions of a potential ban in 2023, resulting in the prohibition of military personnel from using the app.
Reference: Trump signs executive order to transfer TikTok to US owners | TikTok | The Guardian
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