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What’s in the U.S.-China deal for an American TikTok spinoff

What’s in the U.S.-China deal for an American TikTok spinoff

Summary

The U.S. and China reached an agreement to create a U.S.-based version of the popular social media app TikTok. This deal came after concerns in the U.S. about TikTok's Chinese ownership and potential risks to national security and privacy.

Key Facts

  • The U.S. government and China made a deal to spin off TikTok into a U.S. version.
  • TikTok is a social media app that is very popular globally.
  • The app is owned by a Chinese company, which caused concerns in the U.S.
  • U.S. concerns focused on national security and data privacy risks.
  • President Trump and China's leader Xi Jinping were involved in the agreement.
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