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Trump, Xi in talks to finalize TikTok deal that allows app to keep operating in the U.S.

Trump, Xi in talks to finalize TikTok deal that allows app to keep operating in the U.S.

Summary

U.S. President Donald Trump and Chinese leader Xi Jinping are discussing a deal to allow TikTok to continue operating in the U.S. Trump and Xi are also talking about trade issues to resolve ongoing tensions between their countries. Concerns over data privacy and national security have led to the condition that TikTok's Chinese parent company, ByteDance, must sell its controlling stake.

Key Facts

  • Trump and Xi are negotiating a deal for TikTok to keep operating in the U.S.
  • TikTok's Chinese parent company, ByteDance, must sell its controlling stake as part of the deal.
  • The two leaders are also discussing trade issues between the U.S. and China.
  • This is the second call between Trump and Xi after the imposition of tariffs strained relations.
  • The discussions include addressing data privacy and security concerns related to TikTok.
  • Trump has extended TikTok's U.S. operation deadline several times to finalize the deal.
  • U.S. officials are concerned about how Chinese laws might require data sharing with China’s government.
  • The issue of handling U.S. user data and content security is part of the discussions.

Source Information