- US and Chinese officials confirm that they have reached an ownership agreement over Tiktok
- The deadline of Tiktok to dispose of or be banned in the US was set to expire on Wednesday 17 September
- US President Donald Trump is expected to meet with his Chinese counterpart, Xi Jinping, Friday, September 19
The United States and Chinese officials confirmed that they have finally reached an agreement on Tikkok’s ownership.
The move is set to put an end to the US Tiktok ban saga after about nine months of debate.
The popular Chinese video sharing platforms were dark for about 24 hours on January 19, 2025 and provoked an increase in the use of the best VPN services.
The Trump administration would then extend the deadline of Tiktok to dispose of or be banned in the United States three times, with the latest expansion that expires Wednesday 17 September.
Push for Banning Tiktok stems from national security concerns. In particular, critics have claimed that Beijing could access US user’s data while using the platform to push Chinese propaganda.
The details of the deal have not yet been published, but US President Donald Trump is expected to meet with his Chinese counterpart, Xi Jinping, Friday, September 19.
US -Kina Tiktok Deal – What We Know
Tictok’s ownership agreement was established during a trade meeting in Madrid on Monday (September 15) and confirmed by US Finance Minister Scott Bessent – reported the BBC.
US President Trump also confirmed that the meeting went “very well” on his official truth social account.
“An agreement was also reached at a ‘certain’ company that young people in our country would very much save. They will be very happy! I want to talk to President Xi on Friday,” he wrote too.
While the final deal will look like is still unclear, CBS News reported that US tech company Oracle “could play a key role if a Tiktok agreement ends between Trump administration and China.”
It is still left to see the extent to which Tiktok’s parent company, bytedance, is ready to give up and what this would mean for data security for American users.
However, the prospect of a U-turn on the ban is a welcome development for the over 170 million people and companies actively using the platform in the United States.
As we pointed out before, a ban on Tiktok (or any other platform for that matter) could bring more harm than benefit by negatively affecting people’s digital rights, such as freedom of expression and access to information while putting a legal precedent for more countries to follow.
