(Reuters) -President Donald Trump said on Tuesday that the U.S. and China have a deal that would keep TikTok operating in the United States, in an agreement that marks a breakthrough in months-long talks between the world’s two biggest economies.

Trump later on Tuesday signed an executive order delaying the enforcement of a 2024 law requiring the divestiture of Chinese ownership of TikTok until December 16.

The deal would involve transferring U.S. assets of the popular social media app, which counts 170 million U.S. users, from its Chinese parent company ByteDance to U.S. owners.

With TikTok, ByteDance became the first Chinese company to achieve global success with a consumer app, inviting growing scrutiny from overseas governments, especially Washington, amid fears that its U.S. user d

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