Overview

• President said formal negotiations with Chinese leaders will start Monday or Tuesday to discuss a sale structure for TikTok’s U.S. operations.
• He described the agreement as "pretty much" finalized with a U.S. consortium reportedly including Oracle, Blackstone and Andreessen Horowitz.
• Trump indicated the deal will probably require approval by Beijing as part of wider trade discussions.
• The latest executive order pushed ByteDance’s deadline to divest TikTok until September 17, marking the third such extension.
• The platform’s roughly 170 million American users will remain under temporary reprieve as security and trade concessions are negotiated.