Trump gives TikTok deal his 'blessing,' but experts caution 'foreign control issue does not go away'


President Trump said Saturday that he has given his "blessing" to a deal that will keep the popular social media app TikTok operating in the United States, but the decision appears perplexing to some observers.
Despite Trump's approval, the deal itself is not done — the current framework consists of U.S. tech company Oracle joining up with Walmart to form a new entity called TikTok Global, for which they'd pay TikTok's Chinese parent company, ByteDance, $12 billion. The two companies plan to own a combined 20 percent of TikTok Global, while ByteDance is expected to retain most of the remaining 80 percent. Per NPR, TikTok Global will still be presented as majority-American owned since 40 percent of ByteDance is owned by U.S. investors.
The negotiations to sell TikTok were spurred by Trump's threat to ban the app in the U.S. over national security concerns as tensions between Washington and Beijing remain high. It seems that the Trump administration is satisfied those concerns will be addressed in the Oracle deal, but Chris Kelly, the former chief privacy officer at Facebook, told NPR the Chinese government will likely still have "substantial" ability to pressure ByteDance under the future framework and the interactions "could stretch into personal data pretty easily," which has been Washington's primary worry.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
On a similar note, Trump previously signed an executive order in August requiring ByteDance to completely divest from U.S. TikTok operations, which likely won't be the case under the proposed deal. "They're really moving the goalposts here," a former Committee on Foreign Investment in the United States official told NPR on condition of anonymity. "ByteDance is still the biggest dog in this deal. The foreign control issue does not go away." Read more at Bloomberg and NPR.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
-
Israel's plan to occupy Gaza
In Depth Operation Gideon's Chariots will see Israel sending thousands of troops into Gaza later this month to seize control of the strip
-
Prince Harry's 'bombshell' BBC interview
Talking Point Royal claims he is not safe to visit the UK and fuels speculation over King Charles' health in 'extraordinary' BBC interview
-
Crossword: May 10, 2025
The Week's daily crossword puzzle
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine