US President Donald Trump signed an executive order on Friday approving a deal involving the popular video-sharing app TikTok, signalling a shift towards American ownership and control.
Trump highlighted his recent discussions with Chinese President Xi Jinping on September 20, during which the TikTok deal was a key topic.
“This is interesting because I had a very good talk with President Xi, a lot of respect for him. Hopefully, he has a lot of respect for me, too. We talked about TikTok, and he gave us the go-ahead,” he said.
Trump further assured that the app, now to be run by American investors and companies, would address key concerns related to security and safety. “You know, it’s run by American investors and American companies, great ones, great investors, the biggest. The young p