Trump approved in principle a deal in which major Oracle and Walmart would partner with TikTok.
US President, Donald Trump is to decide the fate of TikTok in the country in the next 24-36 hours.
This month, TikTok surpassed 2 billion global downloads and reported nearly 700 million monthly active users in July.
The U.S. government is worried that such information on users could be passed on to China’s authorities.
China increased its order on energy and farm purchases ahead of a review of the Sino-U.S. trade deal.
Oil markets traded softer into the weekend on the back of escalating US-China tensions.
TikTok has come under fire from US lawmakers over national security concerns surrounding data collection.
President Trump issued directives banning any U.S. transactions with Chinese tech companies.
Trump had raised security concerns about TikTok’s entry into the United States.
Gold prices jumped on Friday as China and America’s drift deepened over further moves by China to impose security laws on Hong Kong