U.S. President Donald Trump shows a signed memorandum on the implementation of the death penalty in Washington D.C, at the White House in Washington, D.C., U.S., September 25, 2025. REUTERS/Kevin Lamarque

President Donald Trump signed an executive order on Thursday declaring that his plan to sell TikTok ’s U.S. operations to U.S. and global investors will meet the requirements in a 2024 law that says the short video app will be banned unless its Chinese owners sell it.

The new U.S. company will be valued at around $14-billion, Vice President JD Vance said.

Trump has delayed enforcement of the law until Dec. 16 amid efforts to extract TikTok’s U.S. assets from the global platform, line up American and other investors and win approval from the Chinese government.

WASHINGTON, DC - SEPTE

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