Overview

• Chinese state media reported that the leaders spoke by phone on September 19.
• Discussions were understood to center on moving from a broad framework to a final agreement on transferring TikTok’s U.S. business.
• President Trump signed an order on September 16 extending ByteDance’s U.S. divestiture deadline to December 16.
• Media reports cited a potential Oracle‑led consortium owning roughly 80% of a new U.S. entity, though details remain unfinalized.
• A partial suspension of additional tariffs is set to expire on November 10, and the sides are weighing a possible in‑person summit later this year.