After prolonged negotiations, the US TikTok deal with China appears to be approaching a breakthrough. Talks are centering on transferring control of TikTok’s American operations to a consortium led by Oracle Corp., a move that could ease one of the most contentious issues in Washington-Beijing relations.
The potential agreement follows a US law passed under former President Joe Biden, which required TikTok’s parent company, ByteDance Ltd., to either divest its US branch or shut down the platform in the country. Although the original deadline was set for January, current President Donald Trump has repeatedly granted extensions, with the latest pushed to December 16.
What the TikTok deal could mean
If completed, the US TikTok deal with China would not only safeguard the platform’s availability for millions of American users but also reduce tensions tied to ongoing trade negotiations. For Washington, the divestment is seen as a necessary step to protect US data security, while for Beijing, it is part of the larger puzzle of balancing economic interests with global partnerships.
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The outcome of this deal may serve as a crucial test of how the two powers navigate technology ownership and national security concerns in the digital era. With the deadline approaching, all eyes remain on whether Oracle’s consortium will officially finalize the takeover.
