Trump says Xi backs TikTok deal as leaders plan South Korea meeting, China visit to follow
President Trump and Xi Jinping advanced a deal to transfer TikTok's U.S. operations to American investors, addressing national security concerns affecting 170 million users.
- President Trump announced that Chinese President Xi Jinping approved a deal to allow TikTok to continue operating in the US.
- Trump and Xi agreed to meet at the APEC Summit in South Korea next month and visit each other's countries in the coming year.
- The reported deal would give US firms an 80% stake in TikTok's US operations, with China retaining a 20% share.
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This Week In Techdirt History: September 14th – 20th
Five Years Ago This week in 2020, the first phase of the TikTok fight resolved with Oracle getting a lucrative hosting deal instead of buying the company in a deal driven by Trump-world insiders, while a court refused to block Trump's executive order. At the same time, users were fighting to block the less-discussed part…
Trump and Xi Make Progress on Tiktok Deal, Plan to Meet in South Korea
WASHINGTON, Sept 19 (Reuters) - U.S. President Donald Trump said he and Chinese President Xi Jinping made progress on a TikTok agreement and would meet face-to-face in six weeks in South Korea to discuss trade, illicit drugs and Russia's war in Ukraine.
Trump, Xi discuss TikTok deal; plan to meet in South Korea | Honolulu Star-Advertiser
WASHINGTON >> President Donald Trump said he and Chinese President Xi Jinping made progress on a TikTok agreement and would meet face-to-face in six weeks in South Korea to discuss trade, illicit drugs and Russia’s war in Ukraine.
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