Overview

• Trump said Xi approved the divestment of TikTok's U.S. business, while China stated it would respect corporate decisions and market-based negotiations.
• Xinhua reported Xi welcomed companies reaching a solution consistent with Chinese laws and balanced interests, indicating tacit support for a negotiated path.
• Trump noted the transaction is not final and still requires signatures and other procedures before completion.
• Multiple U.S. outlets reported a potential Oracle-led consortium could acquire roughly an 80% U.S. stake, a structure not yet officially confirmed.
• The leaders agreed to meet in person at the APEC summit in Gyeongju on Oct. 31–Nov. 1 and to reciprocal visits, as Xi also warned the U.S. against unilateral trade restrictions.