Is this news? Look, I don’t even know at this stage.
What I do know is that the White House has today A press release published That states that the US President Donald Trump “Tiktok has saved” and at the same time protected American national security, based on Trump who signed a new executive order that the sale of Tiktok approves a consortium established in the US, led by Oracle.
According to the White House Release:
‘President Trump has established that the rejection in a proposed framework agreement, in which the American application for TIKTOK would be managed by a new joint company in the United States, is a ‘qualified disinvestment’. ‘
According to the White House, Trump has signed a bill that essentially gives his blessing to the proposed deal, in which Oracle Tiktok’s “security provider” will become and “independently check and insure the safety of all activities in the US“
‘[TikTok U.S.] the majority of American investors will be operated in the US by a board of directors with national security and cyber security references, and subject to strict rules to protect the data of Americans and our national security. “
So great news, right? After two years, the Tiktok -Saga is finally over, and Tiktok -Makers cannot all worry about the app that may be closed in the US
Right?
I mean, the release also notes that Trump approved “Meeting the protective Americans of foreign opponents controlled applications ACT by removing Tiktok in the United States from China’s control.“
So it’s a foregone conclusion. Right?
Well, no.
Although the Trump team wants to praise its success, it seems that the Chinese government, which has the power to approve or reject the deal, is not yet sold on the details.
As reported by State Media Outlet China dailyChinese officials are still worried about “Deeper issues that go”Note that although recent discussions have been productive about ticktok, they are not over the line yet.
According to China daily:
‘Future progress in the field of large China-us-agenda items, such as bilateral trade and tap activities in the United States, depends on whether Washington Trouw will continue what it has promised during the last China-us-or-State telephone conversation. “
The report also notes that Trump and Chinese president XI Jinping have both ‘De Hoop pronounced commercial negotiations on TIKTOK activities in the US“
But:
“Through the conversations, China has made it clear that it supports the investments of Chinese companies in the US, to which the American side has aimed, while Washington must form an inviting climate for investors, make the game fair and achieve a win-win situation instead of forcing a deal or blackmail.”
Yes, that does not sound like Chinese officials are just as enthusiastic about the deal as the Trump team at this stage.
But the White House is all in:
‘President Trump found a solution for the 170 million Americans who use Tiktok, so that users can safely enjoy the same global Tiktok experience and content from all over the world with the confidence that their data is safe in the United States.“
The release also notes that:
“President Trump has shown time and again that his ability to close deals that make America and his citizens put in first place.“
The White House is therefore super certain that a deal will be completed and established before December, when the latest expansion of the Deadline of the Tiktok sales expires, so much that it has issued a release stating that the deal is almost completed.
However, it seems that the Chinese side still weighs the details.
We will see if it takes place such as Trump and Co. Expected.
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