Trump discusses potential TikTok deal and extending trade truce before his call with Chinese President Xi
During his second state visit to the United Kingdom, President Donald Trump announced that he had reached a trade deal with China and made progress on the issue of TikTok.
The details of the trade deal between the US and China are not yet specified, but Trump stated that it is good for both countries. He also mentioned that this deal is different from previous ones.
Regarding TikTok, Trump revealed that the US version of the popular short-video app will be owned exclusively by American investors and companies, which he referred to as 'Donald Trump's patriotic investors'. He added that these companies are reported to be patriotic towards America. The terms of the deal, if it occurs, are considered good by Trump.
Trump also announced that the US will receive a 'tremendous fee-plus' for making the deal involving TikTok. He is expected to speak with Chinese President Xi Jinping on Friday to confirm the trade deal. The anticipated phone call between the leaders will mark the first direct engagement between the two since June.
The companies involved in owning the US version of TikTok are yet to be explicitly named, but Trump emphasised that they will be legitimate and 'Donald Trump's patriotic investors'. The timing of the phone call is Friday, Washington time (Thursday night, Beijing time).
The article does not provide information about the content of the trade deal or the specific terms and conditions of the TikTok deal. However, it is reported by Bloomberg that an anticipated phone call between Trump and Xi Jinping will take place.
It should be noted that the persons suspected to participate in a phone call following the previous conversation between President Trump and Prime Minister Keir Starmer regarding the fate of TikTok have not been explicitly mentioned in the available sources. The known recent call relevant to TikTok involved President Trump and Chinese President Xi Jinping discussing an agreement on TikTok's operation in the US.
Trump's visit to the United Kingdom is his second state visit to the country. The exact agenda of the visit is not clear, but it is expected to include discussions on various topics, including trade and security.
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