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Trump implies that TikTok deal has been reached with China, will speak to Xi Friday
- President Donald Trump announced that a deal regarding TikTok has been reached, but he did not provide specifics on the terms.
- The announcement coincides with ongoing U.S.-China trade talks, with TikTok being a top priority.
- Reports suggest that a deal may require ByteDance to restructure its U.S. operations for regulatory approval.
- Trump stated, 'I will be speaking to President Xi on Friday,' as the September 17 deadline for TikTok approaches.
401 Articles
401 Articles
Bessent says TikTok ban threat won framework agreement with Chinese
U.S. Treasury Secretary Scott Bessent said the threat of a TikTok shutdown led Chinese negotiators to abandon demands for tariff concessions in return for the social media app divestment and allowed reaching a framework agreement in talks in Madrid on Monday.
To enable the social network TikTok to continue operating in the United States, an agreement was reached between Washington and Beijing on Monday, 15 September. This result is the result of several years of negotiations begun during Donald Trump's first term.
Watauga Democrat
US, China reach 'framework' deal on TikTok ownership
The United States and China announced a "framework" deal on Monday to resolve their dispute over TikTok that calls for the Chinese-owned app to pass to US-controlled ownership.
Trump wants to improve economic relations with China. A deal with TikTok could secure the continued existence of the platform in the US.
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