Trump says US will start negotiations with China on Tiktok agreement this week

by Andrea
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(Reuters)-US President Donald Trump said on Friday that he will start talking to China on Monday or Tuesday about a possible deal with Tiktok.

He said the United States “practically” has an agreement on selling the short tiktok video app.

“I think we’ll start on Monday or Tuesday … Talking to China, perhaps with President XI or one of his representatives, but I think we have practically a deal,” Trump told reporters at Air Force One.

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Last month, Trump extended until September 17 the deadline for Bytedance, based in China, to stop Tiktok’s assets in the US.

In this year’s spring, an agreement was in progress to cinde Tiktok operations in the US in a new US-based and operated US-based company, but it was suspended after China indicated that it would not approve it after the announcement of Trump of high tariffs on Chinese products.

Trump said the United States will likely have to approve a deal with China.

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When they asked him if he was confident that China would agree with a deal, he said, “I’m not confident, but I think yes. President XI and I have a great relationship, and I think it’s good for them. I think the deal is good for China and it’s good for us.”

(Report by Jasper Ward and Andrea Shalal)

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