US-China edge toward deal

Washington and Beijing appear closer to a framework that could let TikTok continue operating in the US under strict data security rules.

Transcript

00:00The United States and China are reportedly moving closer to a deal that would allow TikTok to continue operating in America,

00:08easing one of the biggest flashpoints in their trade and technology rivalry.

00:13Under the proposed framework, TikTok would remain under its Chinese parent, ByteDance,

00:19but face strict U.S. data security requirements monitored by American regulators.

00:24U.S. President Donald Trump has threatened to ban TikTok unless it is sold to a U.S. buyer.

00:29Citing national security risks.

00:32Beijing has pushed back, calling any forced sale unacceptable.

00:37Analysts say the talks signal both Trump and Chinese President Xi Jinping want to avoid further economic escalation,

00:44even as other disputes over Taiwan, rare earths and semiconductors remain unresolved.

00:50TikTok, with nearly 170 million users in the U.S., is one of the country's most popular apps.

00:57A ban or forced divestment could provoke a political backlash and escalate trade tensions.