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Trump Says TikTok Will Stay in the US After New Deal

The United States and China have come to an agreement to allow the popular video application TikTok to continue operating in America, President Trump said. In the arrangement, American firms will own most of TikTok’s US assets. China’s ByteDance will retain a minority share, less than 20%. The agreement is said to prevent the app from being eliminated after several months of negotiations.

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Trump Clashes with Australian Journalist Over Business Questions

US President Donald Trump was agitated when asked by an Australian reporter how his business and wealth had grown since his return to the White House in January. Australian Broadcasting Corporation (ABC) reporter John Lyons wanted to know how much wealthier Trump had become. Trump answered, “I don’t know,” and told his children to take care of the family businesses.

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