U.S.-China Deal to Avert TikTok Ban May be Close, Trump Official Says

The U.S. government and TikTok's parent company, ByteDance, are reportedly close to reaching a deal to avert a TikTok ban in the United States. Earlier attempts to find a new, non-Chinese owner for the popular video app had failed. The potential deal comes amid a federal law that cites national security concerns, requiring ByteDance to sell TikTok or face a ban. The details of the proposed agreement are not yet clear, but it is expected to address the U.S. government's concerns over TikTok's data collection and potential Chinese government influence. The Trump administration has been pushing for a complete separation of TikTok from its Chinese parent company, citing national security risks. However, the new deal, if finalized, could allow TikTok to continue operating in the U.S. under a different ownership structure or with additional security measures in place. The outcome of these negotiations will have significant implications for the future of TikTok's operations in the United States.