President Donald Trump has signed an order paving the way for TikTok to keep operating in the US under American investors.
The app, which would run under a coalition of investors separate from TikTok’s Chinese owner ByteDance, would be valued at $14billion, according to Vice President JD Vance.
While signing the executive order in the White House
Trump said he moved forward with the deal after speaking with Chinese President Xi Jinping.
‘We had a good talk,’ he said.
‘I told him what we were doing and he said, “Go ahead with it.”‘
The president said of TikTok: ‘If I could make it 100% MAGA, I would, but it’s not going to work out that way.
‘Unfortunately, no, everyone’s going to be treated fairly. Every group, every philosophy, every policy will be treated very fairly.’
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