Sabri Beneshour

TikTok finally has a deal to let it stay in the U.S.

From Marketplace, I'm Sabri Beneshour, in for David Brancaccio.

TikTok says it has formed a joint venture for U.S.

operations with majority American ownership.

The deal is intended to address national security concerns that led to a law that would have banned the app.

Marketplace's Nancy Marshall-Genzer joins us with the details.

Hi, Nancy.

Good morning.

So how will this new arrangement work, and how does it address the alleged national security concerns that led President Trump to try and ban TikTok during his first term?

Yeah.

There were concerns that TikTok could be forced to share user data with Beijing or use its algorithm to push Chinese propaganda.

Do we know who has ownership of that algorithm under this agreement?

So will I see much of a difference when I open up TikTok next?

With a framework deal on Greenland, the temperature between the U.S.

and Europe has come back down.

The relationship, however, still got burned.

And one question is whether Europe and the world are going to still want to be as closely tied to the U.S.

financially.

Specifically, could the appetite for U.S.

debt shrink?