Trump and Xi Expected to Finalize Long-Sought TikTok Deal Today
President Donald Trump and Chinese leader Xi Jinping are expected to finalize a deal that would sell most of TikTok's US assets to American investors today. The deal would conclude the long-sought sale of TikTok's US operations.
President Donald Trump and Chinese leader Xi Jinping are expected to finalize a long-sought TikTok deal today, which would sell most of TikTok's US assets to American investors, marking a significant development in the company's ownership structure. The deal is seen as a key component of the US-China trade agreement reached earlier this year. If agreed upon, it would conclude weeks of negotiations and bring an end to a contentious dispute over the popular social media app. The outcome will have major implications for TikTok's operations in the United States.
