US President Donald Trump included negotiations over TikTok as part of economic talks with China. Photo: Jono Searle/AAP PHOTOS

US President Donald Trump says media mogul Lachlan Murdoch and business leaders Larry Ellison and Michael Dell will be involved as US investors in a proposed deal to keep TikTok operating in the United States.

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Trump has said that the US and China have made progress on a deal requiring TikTok's US assets to be transferred to local owners from China's ByteDance.

TikTok counts 170 million users in the United States and helps shape public discourse on politics

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