Key Takeaways
- National Security First: Trump’s executive order forces TikTok into U.S. control, slashing ByteDance’s stake below 20% and putting Oracle in charge of data security.
- Economic Impact: The deal preserves TikTok’s role in the U.S. economy, projected to generate $178 billion in activity over four years and sustain thousands of jobs.
- America First Deal-Making: Trump once again proved his negotiating prowess—protecting American users, businesses, and data while keeping Chinese influence out.
President Donald J. Trump just pulled off another “Art of the Deal” moment—keeping TikTok alive for 170 million American users while kicking Beijing out of the driver’s seat.
On Wednesday, Trump signed an Executive Order approving a divestiture framework that transforms TikTok’s U.S. operations into a joint-venture company run by American investors and safeguarded by Oracle, one of America’s leading tech firms. ByteDance will be cut down to less than 20% ownership, limited to one board seat, and locked out of the company’s security committee. Translation: no more Chinese control over America’s data.
“Through this deal, President Trump has found a way to keep TikTok operational while resolving these national security issues with new American investment and control,” the White House said.
The move isn’t just about fun videos—it’s about dollars and jobs. Preserving TikTok’s U.S. business is expected to generate $178 billion in economic activity over the next four years, while sustaining thousands of jobs and supporting countless small businesses that rely on the app’s reach to connect with customers.
Strict safeguards mean U.S. user data will now live in Oracle’s secure American cloud, with heavy monitoring of algorithms and software updates to ensure content isn’t manipulated by foreign adversaries.
Once again, Trump delivered—protecting national security, preserving economic growth, and keeping America first. As the President himself put it: “And if we can save it, I think that would be a very good thing. And I think it would be economically good for America.”