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President Trump said he approved a deal struck with U.S. companies Oracle and Walmart to keep TikTok alive, but the agreement does not accomplish what the president sought to achieve. Sheldon Cooper/SOPA Images/LightRocket via Getty Images hide caption

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Sheldon Cooper/SOPA Images/LightRocket via Getty Images

Icons for the smartphone apps TikTok and WeChat are seen on a smartphone screen in Beijing. President Trump said he does not plan to support any deal to save TikTok in the U.S. that keeps China-based ByteDance as its majority owner. Mark Schiefelbein/AP hide caption

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Mark Schiefelbein/AP