President Trump on Thursday signed an executive order that allows a deal for the sale of TikTok's U.S. assets to move forward.
Why it matters: A transaction still isn't done, but it's closer to happening than it's ever been before.
Driving the news: The order Trump signed Thursday certifies that the deal that's been negotiated meets the requirements of a law passed by Congress last year, requiring TikTok be sold or banned. • To allow time for negotiations to conclude, Trump also extended for 120 days an order against enforcing that ban.
What they're saying: "The points of the deal I think are great for our country," Trump said — though those deal points by and large aren't public yet. • Vice President JD Vance, in Oval Office remarks, said the deal would value the U.S. entity at aro