Trump says US will begin talks with China on possible TikTok deal as early as Monday
Share this @internewscast.com

President Trump said he will begin talks with China in coming days on the sale of TikTok.

“We essentially have an agreement,” Trump mentioned to reporters late Friday. “I believe we’ll begin discussions with China on Monday or Tuesday, probably involving President Xi [Jinping] or one of his delegates, but we essentially have an agreement.”

The White House will likely need China to approve such a deal regarding the video-sharing, social-media platform, added the president.

Trump made this statement following a report by The Post’s Charles Gasparino earlier on Friday. The report highlighted that the president had secured a buyer for the contentious Chinese-owned short-video platform, yet his main issue lies with the seller.

Sources indicate that Beijing is utilizing TikTok as a strategic element in the US-China trade talks, aware that Trump wishes for the app to continue its operations in the United States.

There will be no sale of TikTok to American investors — a move needed to conform to a US law — until the Chinese president is confident he has extracted as much as he can in terms of a favorable trade deal with the White House, added the sources.

Trump last month signed an executive order to extend the deadline to Sept. 17 for TikTok’s China-based parent company ByteDance to divest TikTok’s assets in the United States.

It was the third such extension since Trump returned to the White House in January.

In April, a group of wealthy investors and tech honchos were poised to place a bid with China to buy the app’s US-based operations until Trump launched a trade war against Beijing, hitting China with 145% tariffs on imported goods.

That number has since been lowered as both sides negotiate other trade issues as part of a broader deal.

When asked how confident he is that China will agree to a deal, the president said, “I’m not confident, but I think so. President Xi and I have a great relationship, and I think it’s good for them. I think the deal is good for China, and it’s good for us.”

Congress voted overwhelmingly last year to ban TikTok if ByteDance wouldn’t divest — via a 79-18 Senate vote and a 360-58 House landslide. Then-President Joe Biden signed the act.

Trump halted the implementation of the ban on his first day in office — issuing an initial 75-day extension.

Trump was skeptical of TikTok as a Chinese data-collection front during his first term, but came out against the ban after most major US-owned social media and content platforms, including Facebook, Twitter and Google-owned YouTube, banned him following the Jan. 6, 2021, Capitol riot.

Share this @internewscast.com
You May Also Like
Who is Thomas Jacob Sanford? What we know about the suspected Michigan church gunman

Understanding Thomas Jacob Sanford: What We Know about the Suspected Michigan Church Gunman

The man police identified as the gunman who killed at least two…
How to watch Chicago Cubs home playoff game: ABC7 to broadcast National League Wild Card Series against San Diego Padres

How to View the Chicago Cubs Home Playoff Game: ABC7 to Air National League Wild Card Series vs. San Diego Padres

CHICAGO (WLS) — ABC7 Chicago will broadcast the Cubs Wild Card Series…
Lefties slammed for celebrating Assata Shakur, activist who executed NJ state trooper

Backlash as Left Celebrates Assata Shakur, Activist Convicted in NJ State Trooper’s Death

The Chicago Teachers Union is encountering criticism after they honored Assata Shakur—a…
Russel M. Nelson, oldest president of the LDS Church, dies at age 101

Russell M. Nelson, Oldest President of the LDS Church, Passes Away at 101

Russell M. Nelson, the president of The Church of Jesus Christ of…
Trump's shutdown blame game: Why he says Democrats are at fault

Trump Blames Democrats for Government Shutdown: Here’s Why

WASHINGTON (AP) — President Donald Trump has had one refrain in recent…
Over 66,000 Palestinians killed in Israel-Hamas conflict, Gaza officials say

Gaza Officials Report Over 66,000 Palestinian Casualties in Israel-Hamas Conflict

Trump has maintained his support for Israel, but he has been showing…
Russian drone and missile attack on Kyiv kills 4 and wounds at least 10, as other regions hit too

Russian Drone and Missile Strikes on Kyiv Leave 4 Dead and 10 Injured; Other Regions Also Targeted

KYIV, Ukraine — Russia launched an overnight assault of drones and missiles…
Killer mom Susan Smith 'needs to remain incarcerated' says prosecutor who originally put her away

Prosecutor Who Originally Convicted Susan Smith Insists She ‘Must Stay in Prison’

<!–> Susan Smith prison call Aug. 13 Susan Smith can be heard…
Tropical Depression Nine: Track, models, expected impacts

Monitoring Tropical Depression Nine: Path Predictions and Potential Effects

It will soon strengthen into Tropical Storm Imelda. JACKSONVILLE, Fla. — Tropical…
New York man charged with murdering parents after TV interview confession

New York Man Accused of Killing Parents Following TV Interview Admission

An upstate New York resident admitted during a televised interview on Thursday…
ICE superintendent Des Moines news: Ian Roberts, Iowa supt. detained by ICE, was living and working in US illegally, officials say

Des Moines ICE News: Iowa Superintendent Ian Roberts Detained for Alleged Illegal U.S. Residency and Employment

DES MOINES, Iowa — Federal immigration agents apprehended Iowa’s largest school district’s…
Ex-FBI agent turned UVU professor breaks down the evidence trail Tyler Robinson left for detectives

Former FBI Agent and Current UVU Professor Analyzes Clues Left by Tyler Robinson for Investigators

A man suspected of killing Turning Point USA founder Charlie Kirk at…