00:00U.S. President Donald Trump says Washington and Beijing have reached a deal to keep TikTok operating in the United States,
00:07shifting its U.S. assets from China's bike dance to American owners.
00:12Trump told reporters,
00:13We have a deal, and that a group of very big companies want to buy it, but offered very few details.
00:20TikTok has 170 million users in America,
00:23and its future has been at the center of a long-running dispute over national security and the broader U.S.-China tech war.
00:32Washington fears Beijing could use the app to spy or influence Americans.
00:37TikTok insists its U.S. data is kept on domestic service and content decisions made locally.
00:44Final confirmation of the deal is expected Friday in a call between Trump and Chinese President Xi Jinping.
00:50An agreement will need approval from the Republican-controlled Congress.
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