Trump informed that Xi is willing to discuss potential negotiations regarding TikTok
Chinese President Xi Jinping and Donald Trump had a call on Friday, marking the first conversation between the two leaders in three months. The discussion focused primarily on the issue of TikTok and finding a resolution to the ongoing gridlock between the US and China.
According to reports, Xi Jinping stated that China welcomes negotiations over TikTok. The Chinese company negotiating over TikTok is ByteDance, which owns the short-video platform. ByteDance pursues business models centered on short-video platforms and digital content, focusing on user engagement and data-driven advertising revenue. Investors like Oracle, Silver Lake, and Andreessen Horowitz aim to oversee TikTok's US operations to address regulatory concerns and maintain its market presence.
The official readout of the call described it as positive and constructive. However, the call did not result in an immediate response from the White House regarding a potential agreement on TikTok. The White House did not immediately respond to a request for comment regarding the call between Donald Trump and Xi Jinping about TikTok.
The meeting summary in Xinhua states that China's position on TikTok is based on respect for corporate will and negotiations on the basis of market rules. Xi Jinping also told Donald Trump that Washington should stop imposing unilateral tariffs. The call between Donald Trump and Xi Jinping was an attempt to find a compromise on the issue of TikTok, but the outcome remains unclear.
The call between Donald Trump and Xi Jinping was also aimed at finding a resolution to the US-China gridlock, with TikTok being a significant point of discussion. The issue of TikTok was a point of discussion during the call, leaving open the question about whether an agreement over the fate of TikTok was reached. The call between Donald Trump and Xi Jinping did not provide clear details about a potential agreement on the fate of TikTok, nor did it provide a definitive answer about the future of TikTok in US-China relations.
In summary, the call between Donald Trump and Xi Jinping was a step towards resolving the ongoing issues between the US and China, with TikTok being a key topic of discussion. The outcome of the negotiations remains uncertain, and both parties are expected to continue discussions in the coming weeks.
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