Trump Signs Executive Order Approving $14 Billion TikTok Deal | WPN World People News

U.S. President Donald Trump signed an executive order at the White House on the 25th, officially approving the sale of TikTok’s U.S. operations, bringing months of negotiations with China to an end. U.S. Vice President JD Vance stated that the deal is valued at $14 billion.

Under this deal, TikTok’s Chinese parent company ByteDance will sell its U.S. operations. A new company will be formed to take over the U.S. business, led and majority-owned by American investors. The new entity is expected to be valued at around $14 billion. ByteDance's ownership will be reduced to below 20% to ensure TikTok can continue operating in the U.S. while complying with national security regulations.

According to media reports, U.S. software giant Oracle, private equity firm Silver Lake, and UAE-based investment company MGX will be the primary investors in the new company, collectively holding a 45% stake in TikTok’s U.S. business. TikTok’s Chinese parent ByteDance will hold a 19.9% stake, while the remaining 35% will be owned by ByteDance’s existing investors.

During the signing, Trump stated that the agreement benefits both the U.S. and China, and thanked China for its support in completing the deal. However, some members of the U.S. Congress have raised concerns over whether the deal meets national security requirements, calling for the government to release the agreement’s details and submit it for congressional review. As of now, the Chinese government has not made an official statement, and the Chinese Embassy in the U.S. has yet to respond to requests for comment.