The United States And China may have agreed to prevent the Tiktok social platform be prohibited in the United States-if you take the floor of US President Donald Trump for this. After a long -awaited call between Trump and Chinese President Xi Jinping Friday, Trump announced the victory on Truth Social: “The call was very good, we will blame again by phone, appreciate Tiktok’s approval, and the two are looking forward to meeting Apec!”
As for any detail on the agreement, good luck. The details around the shape and scope of the agreement remain far clear on Friday afternoon. More importantly, there was no official word from the Chinese government to find out if he accepted the conditions.
“China’s position on Tiktok’s question is clear: the Chinese government respects the wishes of the company in question and would be happy to see productive trade negotiations in accordance with the rules of the market leads to a solution which complies with the laws and regulations of China and takes into account the interests of both parties”, explains the official reading of the call by China, which was published on the China business website.
The agreement proposed by the Trump administration implies that Oracle, Silver Lake and Andreessen Horowitz leading a group of investors to take a participation of around 80% in the American operation of Tiktok, according to the Wall Street Journal. Oracle, who has worked closely with Tiktok since 2020, would continue to store US user data on its national servers. The new United States controlled entity would use the license technology of Bytedance, the Chinese mother company of Tiktok, to create a content recommendation algorithm similar to that which Tiktok currently uses.
“Any detail of the tiktok framework is pure speculation unless they are announced by this administration,” a White House spokesman told Wired.
Key questions remain, for example, on the quantity of Oracle and Bytedance control would each have on the American data and algorithm of Tiktok. Trump’s Trum’s social position suggests that he will come back with Xi again at the top of the Apec in South Korea at the end of October, which means that details could emerge after that.
Thursday, at a joint press conference with British Prime Minister Keir Starmer, Trump boasted that the United States should receive a “formidable fees” for negotiating the Tiktok agreement. It is not known at what costs it refers – asked several managers of the White House, but none responded.
The White House has also credited the Vice -President JD Vance – the best conduit between the billionaires of the Silicon Valley and the West wing – to play a key role in the agreement. A White House official told Wired that Sean Cooksey, a Vance advisor, was “at the forefront” of negotiations on behalf of the vice-president.
American efforts to ban Tiktok began in Trump’s first term in 2020. Months before leaving his duties, Trump threatened to ban Tiktok and another Chinese application WeChat. Biden administration has canceled Trump’s executive orders on the subject, but continued to examine Tiktok. The US Congress finally adopted the American Act of Protection against Applications Controlled by Foreign Adversaries (PAFACA) in April 2024. This gave Tiktok two options: disinvesting its Chinese property before January 19, 2025 or risking a federal prohibition.
