President Trump said Chinese President Xi Jinping approved a deal Friday that would allow TikTok to remain operating in the U.S., though the specifics of the arrangement remain unclear.<\/p>\n
In a social media post<\/a>, Trump praised Xi for a “productive call” spanning several topics, including Xi’s approval of a pending deal to keep the popular Chinese-owned video app active on U.S. devices and networks.<\/p>\n \u201cThe call was a very good one, we will be speaking again by phone, appreciate the TikTok approval, and both look forward to meeting at APEC!\u201d Trump wrote on Truth Social. <\/p>\n Trump did not release details of the deal, and it was not immediately clear what further steps were necessary to enact it in both the U.S. and China.<\/p>\n The Chinese government also raised questions about how far along negotiations actually were in its description of the Trump-Xi call.<\/p>\n The Chinese government said Trump agreed to “work with China on the economy and trade, and support their teams in reaching a proper deal on TikTok through consultation” but not did address whether Xi approved any terms on the call.<\/p>\n “China\u2019s position on the TikTok issue is clear,” the government said, adding that officials “would be happy to see productive commercial negotiations” that comply with China’s laws “and takes into account the interests of both sides.”<\/p>\n “The U.S. side needs to\u2002provide an open, fair and non-discriminatory environment for Chinese investors,” the statement continued.<\/p>\n The Chinese government said Trump agreed to “work with China on the economy and trade, and support their teams in reaching a proper deal on TikTok through consultation.”<\/p>\n The president had hinted at a deal Monday, shortly before Treasury Secretary Scott Bessent announced that the U.S. had reached a \u201cframework\u201d<\/a> for a TikTok deal following trade talks with China. <\/p>\n The app\u2019s future has remained an open question for months, as Trump has repeatedly delayed enforcement<\/a> of a law requiring TikTok\u2019s China-based parent company to divest from the app or face a U.S. ban. <\/p>\n As the latest extension was set to expire Wednesday, Trump signed an executive order once again pushing back enforcement of the divest-or-ban law until Dec. 16. <\/p>\n While specific details have yet to be announced, several outlets have reported that Oracle, Silver Lake and Andreessen Horowitz are among the investors poised to own a new U.S. entity that would operate TikTok. <\/p>\n