TikTok and tariffs loom over Trump's phone call with Xi Jinping: 'We're very close to deals on all of it' | Fortune Asia
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TikTok and tariffs loom over Trump's phone call with Xi Jinping: 'We're very close to deals on all of it' | Fortune Asia
"President Donald Trump, who recently accused Xi Jinping of working to "conspire" against the United States, hopes to finalize the fate of video-sharing app TikTok and make progress on trade talks in a phone call with the Chinese leader on Friday. "I'm speaking with President Xi, as you know, on Friday, having to do with TikTok, and also trade," Trump said Thursday in an interview with Fox News. "And we're very close to deals on all of it. And my relationship with China is very good.""
""Each leader will aim to signal that he has outmaneuvered the other" in trade talks focused on tariffs, Ali Wyne, an expert on U.S.-China relations at the International Crisis Group, predicted in a note. The pair could settle the TikTok drama, after Trump repeatedly put off a ban under a law designed to force Chinese parent company ByteDance to sell its US operations for national security reasons."
President Donald Trump accused Xi Jinping of conspiring against the United States and scheduled a Friday phone call to finalize TikTok's fate and advance trade talks. Trump said he is close to deals and described his relationship with China as very good. The call will be their second since Trump's return to the White House and the third this year. Both leaders exchanged invitations to visit one another. Analysts predict each will aim to signal advantage in tariff-focused negotiations. Trump delayed enforcing a ban and proposed U.S. ownership of TikTok's business, citing national security and political impact.
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