President Trump’s hopes for a TikTok deal are high, as he stated a deal is “pretty much” ready for signing, with talks with China expected to begin on Monday or Tuesday. This implies a significant breakthrough in the long-standing debate over the app’s US ownership.
The president also hinted at reciprocal visits with Chinese leader Xi Jinping, highlighting the high-stakes nature of the ongoing negotiations. Trump’s latest extension to September 17 provides ByteDance with its third reprieve to divest TikTok’s US operations.
A prior attempt at a US-majority-owned spin-off was reportedly stalled by China’s disapproval, which came on the heels of Trump’s tariff announcements. This illustrates the intricate connection between economic leverage and technological policy.
While optimistic about the deal’s benefits for both nations and his rapport with President Xi, Trump expressed a measured confidence in Beijing’s ultimate approval. Meanwhile, Senator Mark Warner has publicly criticized Trump’s use of executive orders, labeling them as a circumvention of legal processes.
Trump’s TikTok Hopes: Deal ‘Ready for Signing,’ China Talks Anticipated
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Picture credit: www.heute.at
