Rep. Raja Krishnamoorthi on TikTok framework deal: We can't compromise on national security

National Security Concerns Regarding TikTok - A deal on TikTok is contingent upon safeguards for US national security and the interests of citizens, especially children [1] - Concerns exist regarding the CCP's access to the data of 170 million Americans and its potential weaponization [7] - The CCP's access to American's data stored in China was used to surveil journalists reporting on TikTok [7] - The industry emphasizes that national security should not be compromised in any agreement [5] Potential Deal Framework and Ownership - A potential deal depends on conversations between President Xi and President Trump [2] - A deal is welcomed if ByteDance's ownership of TikTok is less than 20% and there's no operational control between TikTok USA and ByteDance [3] - The industry is awaiting details of the framework agreement to ensure national security is protected [5] - Oracle potentially hosting data in the United States could be a satisfactory solution [8][9] Broader Geopolitical and Trade Issues - Concerns exist that President Trump might allow TikTok to be used for leverage in broader negotiations with China [5][10] - The CCP may seek to relax export controls on high-density semiconductor chips [10] - Export controls are in place to prevent CCP-controlled entities from using advanced semiconductor chips for military modernization and human rights abuses [11] - The industry aims to work with allies to create a robust trading and innovation market, but the CCP cannot be trusted [13]