Part 2/12:
The negotiations revolve primarily around TikTok, the wildly popular social media platform owned by Chinese company ByteDance. U.S. authorities have expressed concerns over national security risks associated with Chinese ownership, prompting efforts to either ban or significantly alter TikTok's operations in the United States. Recently, U.S. Treasury Secretary Janet Yellen's office announced that a framework agreement had been reached to keep TikTok operational within the U.S., but crucial conditions remain.