New York/Washington — President Donald Trump agreed to allow Microsoft to negotiate the acquisition of popular short-video app TikTok only if it could secure a deal in 45 days, three people familiar with the matter said on Sunday.

The move represents an about-face for Trump and prompted the US tech giant to declare its interest in the blockbuster social media deal that could further inflame US-China relations. Trump said on Friday he plans to ban TikTok amid concerns that its Chinese ownership represents a national security risk because of the personal data it handles...

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