US President Donald Trump said on Friday he will start talking to China on Monday or Tuesday about a possible TikTok deal.
He said the United States "pretty much" has a deal on the sale of the TikTok short-video app.
"I think we're gonna start Monday or Tuesday...talking to China, perhaps President Xi or one of his representatives, but we would we pretty much have a deal," Trump told reporters on Air Force One.
Last month, Trump extended the deadline for China-based ByteDance to divest the US assets of TikTok to September 17.
A deal had been in the works this spring to spin off TikTok’s US operations into a new US-based firm, majority-owned and operated by US investors, but it was put on hold after China indicated it would not approve it after Trump announced steep tariffs on Chinese goods.
When asked how confident he was that China would agree to a deal, he said, “I’m not confident, but I think so. President Xi and I have a great relationship, and I think it is good for them. I think the deal is good for China and it’s good for us.”
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