The Australian News

Latest Australian news delivered daily

Trump says China’s Xi approved TikTok deal | ABC NEWS


US President Donald Trump has said that he had agreed with Chinese President Xi Jinping to approve TikTok’s use in the United States and ease the trade stand-off between the two superpowers.

“He approved the TikTok deal,” Mr Trump said to reporters in the Oval Office on Friday, local time, adding that “it could be a formality” in getting an agreement signed later.

Mr Trump used an earlier post on Truth Social to confirm he had a “very productive” call with Mr Xi.

The two leaders’ effort to steady relations coincides with discussions on a potential in-person meeting during the Asia-Pacific Economic Cooperation (APEC) summit in South Korea on October 30-November 1.

The deal would transfer TikTok’s US assets to US owners from ByteDance.

Congress had ordered TikTok be shut down for US users by January 2025 if its US assets weren’t sold by Chinese owner ByteDance.

Mr Trump has declined to enforce the law while his administration looks for a new owner, but also because he worries a ban on the app would anger TikTok’s huge user base and disrupt political communications.

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | The News Room