Trump welcomes TikTok deal, thanks Xi for approving it

TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid a ban over its Chinese ownership.

Trump welcomes TikTok deal, thanks Xi for approving it
US President Donald Trump welcomed the TikTok deal signed on Friday, thanked Chinese PM Xi Jinping for approving it.

TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid a ban over its Chinese ownership.
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