The TikTok logo is placed on U.S. and Chinese flags in this illustration taken Wednesday. U.S. President Donald Trump says he will sign an executive order related to a new TikTok agreement Thursday. (Dado Ruvic/Reuters - image credit)

U.S. President Donald Trump will sign an executive order Thursday confirming that a deal to divest TikTok's U.S. operations from its Chinese owner ByteDance will meet the requirements set out in a 2024 law, a White House source told Reuters Wednesday.

The long-awaited agreement would allow TikTok to continue operating in the U.S., after months of uncertainty and government threats of permanently banning the social media app that has 170 million U.S. users.

Trump said last week he had reached an agreement with China, but offered few details.

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