Key Lawmakers Wary of TikTok Deal Trump Administration Preparing

Lawmakers who pressed for the ban on the social media app TikTok expressed doubts about a deal the Trump administration is preparing for outside investors to acquire a half-interest in the Chinese company’s US operations.

House Speaker Mike Johnson said there was “great concern” in Congress about a tentative agreementunveiled this week by senior US and Chinese officials after two days of talks in Madrid. The company’s US business would be acquired by a consortium that includes Oracle Corp., Andreessen Horowitz and private equity firm Silver Lake Management LLC.

“It’s a dangerous platform. It has been misused ...