US & China Signal Progress Toward TikTok Deal; Details Still Unclear
After a call between President Donald Trump and Chinese President Xi Jinping, both sides signaled movement toward a TikTok deal — but major details remain fuzzy.
Trump posted on Truth Social that the two had “made progress” on “approval of the TikTok Deal” and reportedly told reporters he “approved the TikTok deal.” Chinese state media framed the call differently, saying Xi “respects the wishes of the company in question” and supports business negotiations consistent with market rules and Chinese law.
“We thank President Xi Jinping and President Donald J. Trump for their efforts to preserve TikTok in the United States. ByteDance will work in accordance with applicable laws to ensure TikTok remains available to American users through TikTok U.S.” — ByteDance
Media reports say negotiators are nearing a framework, with widely reported but unconfirmed ideas including a new app for US users (potentially using ByteDance technology), greater US investor control, and substantial payments. None of those commercial terms have been formally disclosed.
The White House has reportedly extended a ban deadline for TikTok to December, giving negotiators more time to finalize a solution.
What we know
- Both leaders signaled progress, but their official statements emphasize different points.
- ByteDance publicly thanked both leaders and said it will comply with laws to keep TikTok available to US users.
- Reports of a new US-specific app, investor control, or large payouts remain unconfirmed.
- Negotiators have until December to reach a final agreement.
What do you think this deal — if completed — would mean for TikTok users and the broader tech trade relationship between the US and China? Share your thoughts below.
Sources: USA Today, New Indian Express