U.S. President Donald Trump signs an executive order on a deal that would divest TikTok's U.S. operations from ByteDance from its Chinese owner ByteDance, at the White House in Washington, D.C., U.S., September 25, 2025. REUTERS/Kevin Lamarque
WASHINGTON (Reuters) -President Donald Trump signed an executive order on Thursday declaring that his plan to sell TikTok's U.S. operations to U.S. and global investors will meet the requirements in a 2024 law that says the short video app will be banned unless its Chinese owners sell it.
The new U.S. company will be valued at around $14 billion, Vice President JD Vance said.
