Trump says TikTok deal talks with China could begin next week
The announcement comes after Trump signed his third executive order, delaying the enforcement of a potential ban on TikTok in the US. This order gives its China-based parent company, ByteDance, until September 17 to finalise the divestiture of its US operations. The popular short-video app has over 170 million users in the United States.A deal to spin off TikTok's US business into a new, majority American-owned company had been progressing earlier this year but was stalled after China pushed back, particularly in the wake of Trump's announcement of new tariffs on Chinese imports. Trump acknowledged that any final deal would likely need Beijing's approval.When asked about China's willingness to agree, Trump said, 'I'm not confident, but I think so.' 'President Xi and I have a great relationship. I think the deal is good for China and good for us,' he added.TikTok responded with a statement thanking both President Trump and Vice President JD Vance, pledging to continue working with Vance's office to finalize an agreement.Trump first intervened in the matter shortly after returning to office, following a Supreme Court ruling upholding the TikTok ban. He issued an initial executive order, followed by a second one in April, setting a June 19 deadline. The latest extension, issued in June, marks the third delay, giving ByteDance another 90 days to reach a deal or face a US ban.- Ends
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