(source : ANI) ( Photo Credit : ani)
US President Donald Trump shared some big news on Friday from the Oval Office in Washington, DC. He revealed that he had a positive phone chat with Chinese President Xi Jinping, who has given the green light to a new TikTok deal. This could keep the popular video-sharing app running smoothly in the United States, avoiding a potential ban.
Talking to reporters, Trump sounded upbeat. “I had a good call with President Xi. He approved the TikTok deal. We look forward to getting the deal closed,” he said. He added that it’s mostly a formality now, with investors gearing up to finalize everything. Trump stressed that the US will maintain strong oversight of the TikTok app, calling it a “very good deal” for America.
Trump even got personal about it. “We are going to have very tight control. It is an amazing thing that has been created… I am a little prejudiced because I frankly did so well on it. It got me numbers that nobody has ever even heard before,” he explained. He pointed out how much young people and their parents love TikTok in the US, and how the new setup involves top American investors taking the reins. Trump thanked Xi for being a “gentleman” and keeping their relationship solid, hoping it’s a win for both sides.
This comes after years of tension over TikTok, owned by China’s ByteDance. Back in April 2024, the Biden administration passed a law to force ByteDance to sell its US operations or face a ban starting January 19, 2025. The Trump team hasn’t pulled the trigger on that yet, and now they’re pushing for a deal that gives US investors more say.
Right after the Trump-Xi call, ByteDance stepped up with their own update. In a statement, they thanked both leaders for focusing on TikTok and promised to move forward under Chinese law. “ByteDance will advance related work… allowing TikTok U.S. to continue serving American users well,” it said.
Reports from The Wall Street Journal and The New York Times, based on insiders, paint a clear picture of the proposed TikTok deal. A group of big-name American investors would own 80% of the US side, while Chinese companies like ByteDance hold onto the remaining 20%. This setup aims to ease national security worries while letting TikTok stay a hit for millions of users.
The US and China have been negotiating hard to make this TikTok agreement happen, balancing business interests with stricter controls. If it all goes through, it could mark a fresh chapter for the app that’s become a daily go-to for short videos, dances, and trends across the country.
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