The US and China reached a one-year agreement to defer tighter export controls on rare-earth materials, boosting US efforts to reduce dependence on Chinese processing capacity, which currently dominates 85% of the global market. This development has positively impacted stocks like MP Materials, reflecting investor optimism about America's push for domestic rare-earth production, despite ongoing geopolitical tensions.
The US and China have finalized a deal for TikTok's US operations to be transferred to new American owners, with the deal valued at around $14 billion, and details to be finalized during a meeting between Trump and Xi Jinping in Korea.
TikTok's algorithm will be retrained using US user data under a deal approved by the Trump administration, involving Oracle and a new joint venture, to address national security concerns and ensure the app's continued operation in the US.
The White House announced a potential deal allowing TikTok to operate in the US, involving Oracle managing data and a new American-led board with six out of seven directors being American, though the deal has not yet been signed.
The US and China have reportedly finalized a deal for TikTok's ownership, with the US controlling the app's algorithm and data security, though formal signing is pending amid ongoing negotiations and disagreements over the sale of ByteDance.
A deal has been reached between the US and China to keep TikTok operational in the US, with Oracle hosting TikTok servers and a potential sale of TikTok's US operations, following previous threats of a ban due to national security concerns. The agreement is expected to be finalized within 30 to 45 days.
The US and China have reached a framework agreement to transfer TikTok's ownership to US-controlled entities, marking a significant breakthrough in resolving security concerns and the ongoing ownership dispute that began in 2020. Final details are pending approval from both leaders, with the deal potentially ending the threat of a US ban on the app.
U.S. and Chinese negotiators have reached a framework agreement on TikTok, with President Trump set to speak with Xi Jinping to finalize the deal, which aims to resolve disputes over the app's ownership and address national security concerns.