TRUMP HINTS TIKTOK DEAL ‘MIGHT’ BE FINALIZED DURING XI MEETING

Mon 27 October 2025:

President Donald Trump announced Monday that a potential agreement on TikTok’s US ownership with China could be concluded at his upcoming meeting with President Xi Jinping this week.

“We might. That’ll be one of the things we’re discussing,” Trump told reporters aboard Air Force One while traveling from Malaysia to Japan as part of his Asia tour. He was asked if he is planning to sign the final deal.

Trump said he received “an original approval from President Xi” and expects further approval, but prefers to “wait till a couple of days.”

“We’re going to have a great talk … and we’re going to have … a successful transaction for both countries,” Trump said.

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US Treasury Secretary Scott Bessent said on Sunday that the deal on TikTok was reached in talks with China, and it will be “for the two leaders to consummate that transaction on Thursday in (South) Korea.”

Trump will meet Xi on Thursday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea. The two are expected to discuss tariffs, trade, fentanyl, US agricultural products, and rare earths.

Trump signed an executive order in September, allowing TikTok to operate in the US under a new corporate structure with American investors, though specific details remain undisclosed.

A ban on the app in the US was set to go into effect on Jan. 20, but was extended four times by Trump as his administration worked out a deal to transfer ownership.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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