U.S. President Donald Trump stated that a potential deal to spin off TikTok’s U.S. assets remains “on the table.” He mentioned that the deal involves “very good people” and “very rich companies” capable of managing the platform effectively. However, Trump indicated that the situation depends on further developments with China, suggesting that geopolitical factors continue to influence the progress of the transaction.
This statement follows recent complications in the negotiations, particularly concerning increased U.S. tariffs on Chinese goods. China has emphasized that any TikTok deal must comply with its national laws, especially regarding technology exports.
Despite these challenges, TikTok’s popularity in the U.S. remains strong. A recent survey indicated that 47% of American teenagers consider TikTok their favorite social media app, an increase from 39% in the previous fall.
The situation underscores the complex interplay between international trade policies and the operations of global technology companies.
