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451 Trump to Outline TikTok Deal Proposal, With ByteDance Retaining Stake

The Information
Kaya Yurieff @ The Information · 04/02/2025 15:12 EDT

Trump to Outline TikTok Deal Proposal, With ByteDance Retaining Stake

President Donald Trump plans to announce later on Wednesday his plan for a new company called TikTok America, part of his efforts to broker a deal to keep TikTok alive in the U.S., according to a person close to the discussions.

It’s unclear whether the Trump administration has approval for the proposed structure from the Chinese government. Under Trump’s proposal, TikTok America would be roughly 50% owned by new U.S. investors and license TikTok’s algorithm from ByteDance, the person said. Existing invest

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