WASHINGTON (AP)— The fate of TikTok’s U.S. operations are still somewhat uncertain after Trump’s call with Chinese leader Xi Jinping.
The U.S. president wants an American buyer of the social media site’s U.S. operations for national security reasons and his post on social media about his call with Xi acted like a deal was ready.
Trump posted on Truth Social: “appreciate the TikTok approval.”
But it’s unclear just what Xi approved regarding the sale of the assets by the Chinese company ByteDance.
The Chinese government statement said the Chinese government “would be happy to see productive commercial negotiations in keeping with market rules lead to a solution that complies with China’s laws and regulations and takes into account the interests of both sides. The U.S. side needs to provide an open, fair and non-discriminatory environment for Chinese investors.”