Donald Trump says US and China will hold talks on TikTok deal early next week
The fate of TikTok, which faces a
potential ban in the US over national security concerns, has long been a sticking point in US-China relations.
Under a law passed by the US Congress last year, ByteDance Ltd, the Beijing-based parent company of the social media app, is required to divest TikTok and secure a local buyer in the US.
Trump, who has extended the divestment deadline three times to allow more time for negotiations, said on Friday that the US 'pretty much' had a deal on the sale of the app.
'I think we're gonna start Monday or Tuesday...talking to China, perhaps President Xi [Jinping] or one of his representatives, but we pretty much have a deal,' Trump told reporters on Air Force One, according to Reuters.
When asked how confident he was that China would agree to a deal, he said, 'I'm not confident, but I think so. President Xi and I have a great relationship, and I think it's good for them. I think the deal is good for China and it's good for us.'
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