US President Donald Trump announced on Friday that he and Chinese President Xi Jinping had agreed on a deal regarding the future of TikTok’s US operations during a phone call. However, Beijing has not confirmed the agreement.
In a post on Truth Social, Trump described the call as “productive” and said he appreciated Xi’s support for the proposal, which would reportedly involve TikTok’s US business being sold to a group of American investors. The Chinese state news agency Xinhua, however, gave a more cautious account, quoting Xi as saying that China “welcomes negotiations over TikTok” but without directly endorsing the deal.
TikTok, owned by Chinese company ByteDance, has faced mounting pressure in the US, where officials have warned it could be banned unless its American operations are separated from its parent company. Trump has extended the deadline for a forced sale four times since January, with the latest deadline now set for December.
Speaking on Friday, Trump said the call with Xi also touched on broader trade issues. He confirmed that both leaders plan to meet at the Asia-Pacific Economic Cooperation (Apec) summit in South Korea at the end of October. Trump also stated he would travel to China early next year and that Xi would visit the United States “at an appropriate time.”
Despite the optimism, Trump admitted the deal was not yet finalised. “We look forward to getting that deal closed,” he told reporters, adding that the US would maintain “very tight control” over the app once an agreement is signed.
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