From the BBC World Service: The Chinese owners of TikTok have signed a deal to sell the company's U.S. assets to a joint venture led by American investors.
In her new book, “Every Screen on the Planet: The War Over TikTok,” Forbes journalist Emily Baker-White looks at the story of TikTok and the developments that led to a potential deal with the Trump White House.
Algorithms, which are just sets of instructions expressed in code, are harder to restrict than physical goods. But governments, including the U.S., have long tried to prevent their export.
“What these factory owners are making is a point that, even with the tariff, it is still going to be drastically cheaper than when you’re buying from the brand directly,” said Caiwei Chen, a China reporter for MIT Technology Review.