China's foreign ministry said on Monday companies should "decide independently" on matters of their operations and deals, responding to a question about U.S. President-elect Donald Trump proposing a 50% U.

One of Donald Trump’s close allies let slip that the social media giant TikTok could operate in the U.S. while remaining in the hands of its current Chinese ownership. Mike Waltz, who is set to become Trump’s national security adviser after his inauguration on Monday,

President-elect Donald Trump would not rule out continued Chinese ownership of TikTok if steps were taken to ensure that American users' data was protected and stored in the U.S., incoming National Security Adviser Mike Waltz told CNN on Sunday.