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Xi and Trump Hold Call on TikTok Framework and Tariffs

Negotiators produced a basic Madrid framework that now requires presidential approval.

Overview

  • China’s Foreign Ministry confirmed that Xi Jinping and President Donald Trump began their phone call on Friday with TikTok and tariff issues on the agenda.
  • The discussion follows a fourth negotiating round in Madrid that produced a “basic framework” for TikTok’s U.S. operations awaiting ratification by both leaders.
  • Trump extended the deadline by executive order to December 16 for ByteDance to divest TikTok’s U.S. business or face a ban.
  • Unresolved issues include control and upkeep of TikTok’s recommendation algorithm and the governance and storage of U.S. user data.
  • Other technology disputes are unfolding in parallel, including Chinese accusations against Nvidia over its Mellanox acquisition and Huawei’s announced plans for new AI processors.