Overview
- President Donald Trump said he will speak with Chinese President Xi Jinping on Friday to try to finalize terms for TikTok.
- Trump has praised the platform’s reach and said it aided his 2024 campaign, calling TikTok valuable to young users.
- Earlier this week, Trump said a deal had been reached to keep TikTok operating in the U.S. with its assets moving to American owners, a claim that remains to be finalized.
- Treasury Secretary Scott Bessent said negotiators reached a framework after talks with Chinese officials and signaled the app could temporarily go dark as paperwork is completed, with a possible 90‑day extension.
- The administration has extended the divestiture deadline to December 2025 and any agreement will face scrutiny under the 2024 law requiring a sale because of national‑security concerns affecting some 170 million U.S. users.