The United States and China reached a framework agreement to switch short-video app TikTok to U.S.-controlled ownership, U.S. officials said.
Breakdown
- U.S. and China have agreed on a framework to transfer TikTok to U.S. control.
- Details of the deal will be finalized in a call between President Trump and President Xi. 20s
- The agreement was prompted by a looming deadline that could have led to TikTok's ban in the U.S. 45s
- Chinese officials criticized the U.S. actions as unilateral and against international law. 1m 24s
- The deal may require approval by Congress, following a law requiring ByteDance to sell TikTok or face a ban. 1m 43s