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US-China tensions

TikTok under U.S. ownership makes sense, Jake Sullivan says

National security adviser finds 'no reason' why divestment should not happen

U.S. national security adviser Jake Sullivan speaks at the FTWeekend Festival in Washington on May 4. (Photo by Ken Moriyasu)

WASHINGTON -- U.S. national security adviser Jake Sullivan said Saturday that it makes "all the sense in the world" for TikTok, the Chinese-owned popular short-video platform, to switch to U.S. ownership.

Tucked away in the $95 billion national security package that U.S. President Joe Biden signed into law last month was a provision that forces TikTok to cut ties with Beijing-based parent ByteDance and to become American-owned.

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