Trump to Sign Order Certifying TikTok Deal Meets 2024 Law
President Donald Trump will sign an executive order later this week confirming that the agreement to separate TikTok’s U.S. operations from its Chinese parent company ByteDance complies with the 2024 law, a White House official announced Monday.
The official stated that the United States is confident China has approved the deal, and no further negotiations with Beijing are planned. However, both sides must still complete additional paperwork before the transaction is finalized.
Trump has emphasized the importance of keeping TikTok available for its 170 million U.S. users, after Congress passed legislation requiring the app to be shut down by January 2025 if ByteDance did not sell its U.S. assets.
To allow time for the divestiture, Trump has delayed enforcement of the law until mid-December, while efforts continue to separate TikTok’s U.S. operations from its global platform, attract American investors, and ensure that the new structure meets full divestiture requirements.
Last week’s progress marked a rare breakthrough in U.S.–China talks, offering hope of easing broader trade tensions between the world’s two largest economies. Analysts note this development could reduce uncertainty in global markets.
