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China may give up TikTok in trade talks with US

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China is considering giving up control of TikTok as part of trade negotiations with the United States. Sources say Beijing may allow the popular video app to remain under American ownership in exchange for concessions on tariffs, technology exports, and Taiwan policy. This development comes amid ongoing trade talks between the two economic powers. The TikTok issue has been a major point of contention, with US lawmakers pushing for the app's divestment from Chinese ownership due to national security concerns. Analysts say a resolution on TikTok could pave the way for progress on other bilateral issues.

Source: NYT, Reuters