President Donald Trump says a deal has been agreed between the United States and China to keep TikTok operating in the US, with three sources familiar with the matter saying the deal is similar to one discussed earlier this year.

The agreement requires TikTok's US assets to be transferred to local owners from China's ByteDance, potentially resolving a saga that has lingered for nearly a year.

A deal for the popular social media app, which counts 170 million US users, would represent a breakthrough in months-long talks between the two biggest economies as they seek to defuse a wide-ranging trade war that has unnerved global markets.

"We have a deal on TikTok ... We have a group of very big companies that want to buy it," Trump said at a White House briefing, without providing further det

See Full Page