Afghanistan, Sept. 16 -- U.S. and Chinese officials announced a preliminary agreement on TikTok's ownership transfer, with Presidents Trump and Xi expected to confirm the deal on Friday.
U.S. and Chinese officials announced on Monday that they have reached a preliminary agreement on the transfer of ownership of the short-video platform TikTok to the United States. The deal is expected to be formally confirmed in a phone call between U.S. President Donald Trump and Chinese President Xi Jinping on Friday.
The potential agreement marks the most significant progress yet in months of negotiations over TikTok, which has around 170 million users in the United States. Talks have aimed to reduce tensions in the broader trade dispute between the wo...