Trump said he and China’s president Xi Jinping have now reached an agreement which will see TikTok continue operating in the US, separating the social media platform from its Chinese owner, ByteDance.
Trump has delayed enforcement of the law until December 16 amid efforts to extract TikTok’s US assets from the global platform, line up American investors and win approval from the Chinese government.
Trump has credited TikTok, which has 170 million U.S. users, with helping him win reelection last year and has 15 million followers on his personal account. The White House also launched an official TikTok account last month.
This is a breaking news story and is being updated. With wires.
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