President Donald Trump’s meeting on Thursday with China’s top leader, Xi Jinping, produced a raft of decisions to help dial back trade tensions, but no agreement on TikTok’s ownership.
China will work with the US to properly resolve issues related to TikTok, China’s Commerce Ministry said after the meeting.
It gave no details on any progress toward ending uncertainty about the fate of the popular video-sharing platform in the US.
The Trump administration had been signalling that it may have finally reached a deal with Beijing to keep TikTok running in the US.
Treasury Secretary Scott Bessent had said on CBS’s Face the Nation on Sunday that the two leaders will consummate that transaction on Thursday in Korea.
Wide bipartisan majorities in Congress passed and President Joe Biden signed a law that would ban TikTok in the US if it did not find a new owner to replace China’s ByteDance. The platform went dark briefly on a January deadline, but on his first day in office, Trump signed​President Donald Trump’s meeting on Thursday with China’s top leader, Xi Jinping, produced a raft of decisions to help dial back trade tensions, but no agreement on TikTok’s ownership.
China will work with the US to properly resolve issues related to TikTok, China’s Commerce Ministry said after the meeting.
It gave no details on any progress toward ending uncertainty about the fate of the popular video-sharing platform in the US.
The Trump administration had been signalling that it may have finally reached a deal with Beijing to keep TikTok running in the US.
Treasury Secretary Scott Bessent had said on CBS’s Face the Nation on Sunday that the two leaders will consummate that transaction on Thursday in Korea.
Wide bipartisan majorities in Congress passed and President Joe Biden signed a law that would ban TikTok in the US if it did not find a new owner to replace China’s ByteDance. The platform went dark briefly on a January deadline, but on his first day in office, Trump signed ​Latest News [ SOBAN NEWS: International and National ]
