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Trump to Speak With Xi on TikTok Deal After Treasury Outlines Framework

Beijing’s approval remains necessary for a U.S.-led transfer of TikTok’s domestic operations.

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.