President Donald Trump said on Tuesday that the U.S. and China have a deal that would keep TikTok operating in the United States, transferring its U.S. assets to U.S. owners from China's ByteDance, potentially resolving a saga that has lingered for nearly a year.
A deal over TikTok, with its 170 million U.S. users, marks a breakthrough in long-running U.S.-China talks aimed at easing trade tensions.
"We have a deal on TikTok ... We have a group of very big companies that want to buy it," Trump said, without giving details.
He praised the agreement as a win for both countries, saying it would safeguard "tens of billions of dollars of value".
The agreement still requires approval by Congress, which passed a 2024 law demanding ByteDance divest due to security fears.
Although Trump’s administration delayed enforcement three times, he has credited TikTok with boosting his re-election, and the White House recently launched its own account.
The deal was previously stalled when China resisted during U.S. tariff hikes, but this week officials from both countries reached a framework agreement. A final confirmation is expected Friday during a Trump-Xi call.
Other interested buyers included former Dodgers owner Frank McCourt, a startup led by the OnlyFans founder, and Amazon. Analysts value TikTok at up to $50 billion.
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Iran's guards have said the important Strait is closed and anyone passing through will face "harsh measures". U.S. President Donald Trump has extended his timeline on striking against Iran's energy sites, as Tehran says diplomacy is ongoing - latest on Middle East conflict.
The 2025 North Atlantic Treaty Organisation (NATO) annual report, presented by Mark Rutte, the Secretary General of the organisation, reveals a significant shift in stance and policy.
Two months after Indian negotiators worked in January to secure relief from punitive U.S. tariffs on the country’s exports and New Delhi moved to cut back its purchases of Russian crude oil, India and Russia are stepping up their energy ties once again, according to Reuters.
Iran’Iran’s Foreign Minister, Abbas Araghchi, has rejected an offer of negotiations from the U.S. President, Donald Trump, amid the ongoing Israel–U.S. war with Iran, describing the proposal as a “contradiction” in Washington’s words and actions.
Israel said it had killed Alireza Tangsiri, the Commander of Iran’s Islamic Revolutionary Guards Corps (IRGC)’s Navy, on Thursday, as confict in the Middle East continued.
Iran has rejected a U.S. proposal to end the war, insisting any ceasefire will occur only on its own terms and timeline, according to a senior political-security official speaking to state-run Press TV on Wednesday.
Iran's guards have said the important Strait is closed and anyone passing through will face "harsh measures". U.S. President Donald Trump has extended his timeline on striking against Iran's energy sites, as Tehran says diplomacy is ongoing - latest on Middle East conflict.
Northern European countries must significantly boost military drone production to help Ukraine defeat Russia, Latvia’s Prime Minister has said, warning that victory would be “impossible” without greater support.
Spanish Prime Minister Pedro Sánchez has said it is unfair for people around the world to shoulder the cost of U.S.–Israeli attacks on Iran, warning that Spanish firms have already lost €100 billion ($116 billion) in less than a month as a result of the conflict.
The 2025 North Atlantic Treaty Organisation (NATO) annual report, presented by Mark Rutte, the Secretary General of the organisation, reveals a significant shift in stance and policy.
Two months after Indian negotiators worked in January to secure relief from punitive U.S. tariffs on the country’s exports and New Delhi moved to cut back its purchases of Russian crude oil, India and Russia are stepping up their energy ties once again, according to Reuters.
U.S. paper currency will bear President Donald Trump's signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday. The change comes as the United States prepares to celebrate its 250th anniversary.
Mexico's navy said it had activated a search-and-rescue operation in the Caribbean to locate two sailboats carrying humanitarian aid to Cuba after the vessels failed to arrive in Havana.
A powerful tropical cyclone in Western Australia has disrupted production at the country’s two biggest liquefied natural gas plants run by Chevron and Woodside, exacerbating a global supply crunch caused by the conflict in the Middle East.
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