JAKARTA – The Chinese and US governments have finally reached a framework agreement to divert control of the TikTok social media platform to the Donald Trump-led country.
President Trump also said in a post on the Truth Social platform that certainty regarding this deal would be discussed directly with Chinese President Xi Jinping, by phone call on Friday.
“We haven’t decided on that yet, but in my opinion, and I will speak with President Xi on Friday, to confirm it,” Trump said.
The progress of the deal comes after the Trump administration extended its ban on TikTok for the third time earlier this summer, and gave the company until September 17 to make sales or face bans in the US.
After a meeting with Chinese negotiators in Madrid, US Treasury Secretary Scott Bessent said the deadline eventually prompted Chinese negotiators to reach a potential agreement.
He said the deadline could be extended for up to 90 days to allow the deal to be finalized, but declined to discuss details of the deal.
They are interested in the Chinese characteristics of this application, which they consider soft power. We don’t care about Chinese characteristics. We care about national security,” Bessent said.
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