President Trump said Monday that U.S. and Chinese officials reached a deal involving “a ‘certain’ company that young people in our Country very much wanted to save,” widely interpreted as TikTok. His post followed a Treasury Department statement confirming meetings in Spain between U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, where TikTok was on the agenda.
The app faces a September 17 deadline under U.S. law requiring its Chinese parent company, ByteDance, to sell its controlling stake or face a nationwide ban. Trump has extended the deadline three times during his second term and was noncommittal about an agreement when speaking to reporters Sunday. He also said he expects to speak with Chinese President Xi Jinping on Friday.
During President Joe Biden’s administration, Congress and the White House cited national security concerns in backing legislation mandating TikTok’s sale. Lawmakers have argued that Chinese law could compel ByteDance to hand over U.S. user data.
TikTok, launched internationally in 2016 after ByteDance merged it with Musical.ly, has grown into one of the most popular apps among young Americans. Its algorithm-driven feed has reshaped online culture, but concerns about privacy and foreign influence continue to cloud its future in the U.S.
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