Summary
President Trump and Chinese leader Xi Jinping discussed a potential deal for TikTok's future in the U.S., but the specifics are still unknown. U.S. officials say there is a framework deal that might involve creating a new app controlled mostly by U.S. investors. The details of what was agreed upon in the conversation are unclear.
Key Facts
- President Trump and Xi Jinping talked about TikTok in a call on Friday.
- The future of TikTok in the U.S. is uncertain, even after the call.
- Reports say there is a framework deal where U.S. investors would control a new app.
- China's news agency Xinhua stated businesses are free to negotiate within the law.
- Trump mentioned progress on TikTok, trade, and other issues in a social media post.
- Trump previously extended a hold on enforcing a TikTok ban until mid-December.
- The Wall Street Journal reported a new app for U.S. users controlled 80% by U.S. entities.
- Details about what was approved or the next steps remain unclear.
