Donald Trump plans to initiate talks with China about the potential sale of TikTok, stating a deal is close. He expects discussions to start on Monday or Tuesday, possibly involving President Xi Jinping. Trump emphasized the importance of the deal for both nations and acknowledged the need for Chinese approval. After multiple reprieves from a ban, the latest deadline for ByteDance to divest TikTok's U.S. operations is September 17. The stalled deal earlier in the spring was affected by Chinese responses to U.S. tariffs.
President Trump has indicated a timeline for talks with China regarding TikTok, mentioning possible discussions on Monday or Tuesday that could involve President Xi or his representatives.
Trump asserted that a deal on the sale of TikTok was nearly finalized, recognizing the importance of reaching an agreement with China in light of strong relations with President Xi.
The U.S. president extended a deadline for TikTok's U.S. operations sale to September and discussed the mixed signals from China regarding approval for the deal.
Previous attempts to facilitate a spinoff of TikTok's U.S. operations were stalled by China's disapproval following Trump's announcement of tariffs.
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