Washington: US President Donald Trump on Friday signed an executive order approving a deal involving the popular video-sharing app TikTok, paving the way for its transfer to American ownership and control. The president highlighted his September 20 talks with Chinese President Xi Jinping, during which the TikTok deal was a key focus.

“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 added that the app, which will now be managed by American investors and companies, will tackle key security and safety concerns.

“You know, it’s run by American investors and American companies, great ones, great investors, the biggest. The young

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