Trump Teases China-TikTok Deal
Trump signals deal on trade and TikTok made with China– www.washingtonexaminer.com
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President Donald Trump teased on Monday that a deal has been made with China regarding trade and the future of TikTok.
“The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly,” Trump wrote on Truth Social.
“A deal was also reached on a ‘certain’ company that young people in our Country very much wanted to save,” he said, referring to TikTok. “They will be very happy!”
TikTok was set to be inaccessible to American users in January, but Trump delayed the start date of the ban’s enactment to find an American buyer for the social media platform. China’s ByteDance owns the app, which poses national security concerns for the United States.
After months of negotiations and setbacks, Treasury Secretary Scott Bessent said the U.S. and China are “very close” to finalizing a deal on TikTok.
“We made very good progress on the technical details of the agreement. In terms of the overall agreement itself, our Chinese counterparts have come with a very aggressive ask,” he told reporters in Madrid, Spain, on the second day of talks. “We will see if we can get there. At present, we are not willing to sacrifice our national security for a social media app.”
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