President Donald Trump has suggested that a deal has been struck over TikTok’s U.S. ownership, days before scheduled talks with Chinese President Xi Jinping.
U.S. President Donald Trump hinted on Monday that a resolution has been reached over TikTok, the popular video-sharing platform owned by China’s ByteDance, which has faced mounting pressure to divest its U.S. assets.
In a post on Truth Social, Trump wrote: “A deal was also reached on a ‘certain’ company that young people in our Country very much wanted to save.” He did not name TikTok directly but appeared to refer to the ongoing dispute over the app’s ownership and national security concerns.
The remarks come just days before Trump is due to speak with Chinese President Xi Jinping on Friday, amid broader tensions over trade and data security.
Trump’s administration has repeatedly extended a deadline for ByteDance to sell TikTok’s U.S. operations or face a ban, with the most recent deadline set for 17 September. More than 170 million Americans reportedly use the platform.
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