Trump started meeting the best assistants to decide TikTok’s fate
President Trump planned to meet on Wednesday with the best officials of the White House to discuss a proposal that could guarantee Tiktok’s future in the United States, said two people who are familiar with the plans.
Trump will consider a proposal for a new property structure for the popular video app, owned by the bytedance of the Gigante Chinese Internet. Legislators and other US officials have argued that the bonds of the app with China raise national security problems and a federal law that was approved last year requires Tiktok to change its property or face a ban in the United States. The last deadline for that ban is Saturday.
The meeting includes vice -president JD Vance, which Trump touched to find an agreement to save the popular app in early February and other better officials, said the two people on condition of anonymity. The new property structure, they said, could include Blackstone, the private equity and Oracle giant, technological society.
The meeting is another turning point in the long national saga of Tiktok, which has increased popularity In the United States despite prolonged and profound control in Washington capitals and state. Trump, who made repeated insurances that wants to save the app, extended the deadline for an agreement in January and suggested that he could have done it again if a suitable plan were not reached at the beginning of this month.
Tiktok did not immediately return a commentary request.
It is not clear that the type of agreement under discussion would comply with the law, which does not require more than 20 percent of Tiktok or his mother -a -sized company to be owned by people or companies in the so -called foreign opposing countries, a list that includes China.
The law also prevents a new entity from working with bytedance to manage its video recording technology or create a data sharing agreement.
Mr. Trump suggested last week that could Relax the imminent rates on China In exchange for the support by the country to an agreement.
Tiktok claimed that he is not on sale, in part, he says, because the Chinese government would have blocked an agreement.
