President Donald Trump is expected to approve a long-sought deal to keep TikTok open for business in the United States, according to reports from The Wall Street Journal and Reuters. The deal, which will reportedly be formalized through an executive order later this week, aims to satisfy national security concerns by transferring TikTok’s U.S. assets from Chinese parent ByteDance to a still-unclear American ownership group.

The agreement follows months of U.S.-China negotiations and is seen as a key moment in broader trade discussions. Under the proposed terms, TikTok’s algorithm will be secured and operated within the U.S., outside of ByteDance’s control. All data from American users will be stored on Oracle-run cloud infrastructure, ensuring compliance with U.S. cybersecurity standards.

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