Trump and Xi Jinping's chat: Discussion regarding TikTok and trade disagreements
In a series of significant developments, the United States and China have reportedly made progress in various key areas, as announced by US President Donald Trump on his Truth Social platform following a phone call with Chinese President Xi Jinping.
One of the most notable points of discussion is the short video app, TikTok. Due to national security concerns, TikTok, which is owned by the Chinese conglomerate Bytedance, is required to sell the platform in the US. The negotiations regarding TikTok's ownership reorganization in the US and potential tariffs are currently underway.
President Trump has expressed hope to 'conclude something regarding TikTok,' but no agreement has been announced yet. The person leading the negotiations over TikTok in the USA with the Chinese government is US Treasury Secretary Steven Mnuchin, who is supported by statements from US officials like Scott Bessent. Key figures involved in the talks include Larry Ellison from Oracle and potential investor groups, but no single definitive lead negotiator has been named explicitly in the sources.
The concerns surrounding TikTok include the possibility of Chinese propaganda on the platform and spying on US users. President Xi Jinping urged Trump to avoid 'unilateral trade decisions' during their phone call and suggested resolving the TikTok dispute through discussions based on 'market rules.'
In addition to TikTok, the two nations are also discussing trade, fentanyl, ending the war between Russia and Ukraine, and approving the TikTok deal. Trump has planned a visit to China in early 2026, and Xi will visit the US at an appropriate time. A meeting between the two countries is also planned for October.
Trump has also announced a meeting with Xi on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, which will take place in South Korea on October 31 and November 1. As of now, no specific details about the TikTok deal have been announced.
With approximately 170 million users in the US, TikTok has become a significant part of many Americans' daily lives. The progress in these negotiations will undoubtedly have a significant impact on the future of this popular app and the broader US-China relationship.
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