The US-China TikTok deal: ByteDance to divest to a US entity amid security fears, announced by Scott Bessent, with Oracle in talks—ensuring the app stays operational while boosting bilateral economic ties.
President Trump extends ByteDance’s TikTok U.S. sale deadline to September 17, 2025, to safeguard user data, as TikTok, with 170 million U.S. users, denies security risks and supports the decision.