*** Trump Signs Order to Advance TikTok Sale in U.S. | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Trump Signs Order to Advance TikTok Sale in U.S.

TDT | WASHINGTON

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U.S. President Donald Trump signed an executive order on Thursday outlining his plan to sell TikTok’s U.S. operations to American and international investors, saying the move meets national security requirements set by a 2024 law.

The new company is expected to be valued at around $14 billion, according to Vice President JD Vance. This figure is lower than some analysts’ earlier estimates of TikTok’s worth.

Trump delayed enforcement of the law banning TikTok in the U.S. until January 20, giving more time to finalize the sale, separate TikTok’s U.S. assets from the global platform, and secure approval from both American regulators and the Chinese government.

The order marks progress but leaves key questions unresolved, particularly how the new company will manage TikTok’s popular recommendation algorithm. The plan states the algorithm will be retrained and monitored by U.S. security partners, under the control of the new joint venture.

“There was some resistance on the Chinese side, but our main goal was to keep TikTok running while protecting Americans’ data privacy,” Vance said at a White House briefing.

Trump also said he had spoken with Chinese President Xi Jinping, who signaled approval of the deal. China’s foreign ministry later said it respected the will of businesses to negotiate agreements that comply with laws and balance interests.