White House officials said earlier this week that TikTok reached a preliminary deal to\u00a0sell its U.S. operations\u00a0to an American-based investor group.

Trump says a deal is done but the details have not been confirmed by China or the app's owner ByteDance.

Much is still unknown about the actual arrangement, but Trump said Chinese President Xi Jinping “gave us the go-ahead” to proceed with the deal.