A TikTok deal is “pretty much” finalized, according to President Trump, who plans to engage China in discussions starting Monday or Tuesday to iron out the remaining details. This suggests a significant stride towards resolving the popular video app’s future in the US.
The president also mentioned the potential for reciprocal visits with Chinese President Xi Jinping, emphasizing the high-level engagement involved. The current September 17 deadline for ByteDance to divest TikTok’s US assets marks the third extension granted by Trump.
Previous attempts at a deal were reportedly stalled by China’s disapproval following Trump’s imposition of new tariffs, indicating a clear link between trade policy and the TikTok negotiations.
Despite his strong relationship with President Xi, Trump acknowledged that Beijing’s ultimate approval remains uncertain. This cautious outlook contrasts with the ongoing criticism from Senator Mark Warner, who views Trump’s executive orders as a sidestepping of the law.