Ahead of the September 17 deadline for TikTok to comply with US ownership requirements, President Donald Trump on Monday indicated that an agreement with China has been reached, allowing the app to continue operating in the US.
Without taking name, President Trump shared a post on Truth Social and said that a deal ha reached on a “certain” company that young people wanted to save.
“The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly,” he said.
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“A deal was also reached on a “certain” company that young people in our Country very much wanted to save. They will be very happy! I will be speaking to President Xi on Friday. The relationship remains a very strong one,” President Trump added.
Senior US and Chinese delegations held two days of talks in Madrid to resolve bilateral trade issues.
The US team was led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, while China was represented by Vice Premier He Lifeng and chief trade negotiator Li Chenggang.