President Donald Trump is expected to sign an executive order today that will approve a deal allowing TikTok to keep operating in the United States, as long as it separates from its Chinese parent company, ByteDance.
A White House official confirmed that the deal satisfies the requirements of a 2024 law aimed at protecting US user data from foreign adversaries. That law bans TikTok unless its Chinese ownership is fully ended.
"The administration looks forward to finalizing this deal with all stakeholders," the official said. "President Trump is expected to sign an Executive Order later this week to approve the proposed deal."
TikTok, which has about 170 million users in the US, was targeted by Congress due to concerns that China could access American users' personal information. Lawmakers also feared the app could be used to influence political opinions in the US.
According to FoxBusiness, after legal challenges, the law took effect in January 2025. But President Trump delayed enforcement, giving TikTok more time to work out a divestment.
The latest 90-day extension was set to expire last week, but the new executive order is expected to provide more time.
Trump to sign TikTok executive order today: U.S. operations shift to majority-American control, ByteDance drops under 20%. Oracle & Silver Lake take charge. pic.twitter.com/6qVuiWGDxn
— ConsciousInk (@dan07975087) September 25, 2025
Read more: Trump Gives TikTok US Deal Update After Call With China's President, But It's Not What You Expect
Oracle, Silver Lake Join TikTok Deal to Shift US Control
Oracle and private equity firm Silver Lake are among the American investors involved in the proposed deal, Reuters said.
The goal is to transfer TikTok's US operations under American control to satisfy legal and security requirements.
Trump, who has praised TikTok for helping him connect with voters, has 15 million followers on the platform. The White House also launched its official TikTok account last month.
ByteDance has resisted efforts to sell the app completely but has been under pressure since Congress passed the bipartisan law, which was signed last year by former President Joe Biden.
The White House has delayed the app's ban several times — first for 75 days in March, then again in June. This latest executive order is expected to include yet another extension to allow the deal to close.
If TikTok fails to meet the terms, the app could face removal from US app stores.
Officials say protecting user data and limiting foreign influence remain the top priorities. "This isn't about banning an app," one source said. "It's about making sure American data stays in American hands."
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