The deal permits American companies to spend billions for an algorithm ultimately controlled by the CCP. The Trump White House is about to claim a major win on TikTok. By storing Americans’ data in U.S.-based servers operated by U.S. companies, the deal unveiled in Madrid on September 16 could partially address this first issue. In other words, the deal permits American companies to spend billions for an algorithm ultimately controlled by the CCP. U.S. negotiators talked tough while quietly searching for a deal that kept TikTok alive.