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The Trump administration has once again claimed it reached a deal with China over TikTok’s future in the United States. This time, Beijing appears to partially support the announcement.
Chinese sources say both sides agreed on a “basic framework consensus.” That framework reportedly covers licensing TikTok’s algorithm along with certain intellectual property rights.
However, the agreement still lacks specifics. The September 17 deadline will likely be extended as negotiations continue. All parties need more time to finalize details, and Congress must also approve the deal.
People close to the matter suggest a US-specific TikTok app is already in development. The app would ensure American content flows globally while international content reaches US audiences.
Despite progress, key questions remain unanswered. According to the source, it is still unclear which US companies or investors plan to acquire TikTok. Earlier rumors linked Amazon and several other firms to potential bids in March and April.
The negotiations highlight TikTok’s value as a global platform. Yet the political and regulatory hurdles show the challenges ahead before any final agreement takes shape.
