President Trump said the US was getting a „tremendous fee plus“ for brokering the deal between US companies and China.
President Trump said he and China’s Xi Jinping held a „very productive call“ on Friday, discussing the final approval for a deal that would see US TikTok sold.
Once confirmed, the deal should stop TikTok being banned in the US after lawmakers decided it posed a security risk to citizens‘ data.
Congress had ordered the app shut down for American users by January 2025 if its Chinese owner ByteDance didn’t sell its assets in the country – but the ban has been delayed four times by President Trump.
„We made progress on many very important issues including Trade, Fentanyl, the need to bring the War between Russia and Ukraine to an end, and the approval of the TikTok Deal“, said President Trump in a Truth Social post after the call.
In a readout on state media, President Xi said the call was „pragmatics“ and said the two leaders „had a candid and in-depth exchange of views on current China-U.
