Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Trump says US ‘pretty much’ has deal for TikTok, talks with China to begin
Business

Trump says US ‘pretty much’ has deal for TikTok, talks with China to begin

Buddy DoyleBy Buddy DoyleJuly 5, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Trump says US ‘pretty much’ has deal for TikTok, talks with China to begin
Share
Facebook Twitter LinkedIn Pinterest Email

President Trump said the United States has “pretty much” reached a deal for a company to acquire the U.S. assets of TikTok and plans to begin talks with China this week. 

“I think we’re going to start Monday or Tuesday … talking to China, perhaps President Xi or one of his representatives, but we would, we pretty much have a deal,” Trump told reporters on Air Force One on his way to his home in Bedminster, New Jersey, Friday.

The deal would likely need to be approved by China, Trump said, adding he believes the agreement would benefit both countries.

PRESIDENT TRUMP EXTENDS THE TIKTOK BAN DEADLINE BY ANOTHER 90 DAYS

“President Xi and I have a great relationship, and I think it’s good for them,” he said. “I think the deal is good for China, and it’s good for us.”

‘TIKTOK IS BACK’: TRUMP TEASES FUTURE OF SOCIAL MEDIA APP

During an interview with Maria Bartiromo on Fox News’ “Sunday Morning Futures” last week, the president similarly signaled he had found American buyers for the social media app, describing them as “very wealthy people.”

“We have a buyer for TikTok, by the way,” Trump said. “I think I’ll need probably China’s approval. I think President Xi will probably do it.”

US-POLITICS-TRUMP-DEPARTURE

Last month, Trump extended the deadline for the third time for ByteDance, the Chinese company that developed TikTok, to divest U.S. assets of the video-sharing app. ByteDance has until Sept. 17 to find an American buyer, according to Reuters.

APPLE AND GOOGLE RESTORE ABILITY TO DOWNLOAD TIKTOK APP

The U.S. came close earlier this year to making a deal with Chinese-owned TikTok to spin off its U.S. operations into a new company owned by U.S. investors, but the Chinese government said it wouldn’t agree to it, citing the Trump administration’s tariffs, according to a report. 

U.S. President Trump Visits China

TikTok, which has around 170 million active monthly users in the U.S., was previously required to stop operating by Jan. 19. Trump signed an executive order at the time extending the deadline for TikTok for another 90 days. A second extension was issued in April and a third was signed in June.

The Protecting Americans from Foreign Adversary Controlled Applications Act, passed by Congress in April 2024 with wide bipartisan support, gave TikTok nine months to either separate from ByteDance or be removed from U.S.-based app stores and hosting services. 

In passing the law, Congress cited concerns over the app’s Chinese ownership, which members said meant the app had the potential to be weaponized or used to amass vast amounts of user data.

The White House and TikTok did not immediately respond to Fox News Digital’s request for comment.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article‘Modern Family’ star Julie Bowen thought she was ‘gonna die’ after learning she needed a pacemaker at age 29
Next Article Top 10 Best Camping Table On The Market

Related Articles

South Korea to invest 0B in US under new Trump trade agreement, tariff rate lowered to 15%

South Korea to invest $350B in US under new Trump trade agreement, tariff rate lowered to 15%

July 31, 2025
‘Not ready for prime time’: Trump, Republicans slam GOP leader’s stock trade ban bill

‘Not ready for prime time’: Trump, Republicans slam GOP leader’s stock trade ban bill

July 30, 2025
Trump announces new US-Pakistan trade deal to develop oil reserves

Trump announces new US-Pakistan trade deal to develop oil reserves

July 30, 2025
Derek Jeter’s digital trading card venture makes groundbreaking partnership with eBay

Derek Jeter’s digital trading card venture makes groundbreaking partnership with eBay

July 30, 2025
Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump’s pressure

Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump’s pressure

July 30, 2025
Tesla mocks American Eagle with cheeky jeans joke after Sydney Sweeney ad controversy erupts

Tesla mocks American Eagle with cheeky jeans joke after Sydney Sweeney ad controversy erupts

July 30, 2025
‘Labeling error’ has vodka seltzer in energy drink cans, prompting recall

‘Labeling error’ has vodka seltzer in energy drink cans, prompting recall

July 30, 2025
Mets’ Francisco Lindor partners with Dairy Queen for ‘Miracle Treat Day’ impacting children’s hospitals

Mets’ Francisco Lindor partners with Dairy Queen for ‘Miracle Treat Day’ impacting children’s hospitals

July 30, 2025
Fed meeting looms as Trump celebrates 3% GDP growth, pushes for rate cuts

Fed meeting looms as Trump celebrates 3% GDP growth, pushes for rate cuts

July 30, 2025
Don't Miss
Film Star Shawn Ashmore Releases First Production Knife Design

Film Star Shawn Ashmore Releases First Production Knife Design

South Korea to invest 0B in US under new Trump trade agreement, tariff rate lowered to 15%

South Korea to invest $350B in US under new Trump trade agreement, tariff rate lowered to 15%

Inside Biden confidante Steve Ricchetti’s ‘combative’ eight-hour grilling in House Oversight cover-up probe

Inside Biden confidante Steve Ricchetti’s ‘combative’ eight-hour grilling in House Oversight cover-up probe

Newlyweds’ honeymoon trip ends in fiery crash that kills husband and baby daughter

Newlyweds’ honeymoon trip ends in fiery crash that kills husband and baby daughter

Latest News
Ozzy and Hulk’s health issues, plus an athlete’s cancer diagnosis

Ozzy and Hulk’s health issues, plus an athlete’s cancer diagnosis

July 30, 2025
Fox News Politics Newsletter: Of ‘Burn Bags’ and Russia Probes

Fox News Politics Newsletter: Of ‘Burn Bags’ and Russia Probes

July 30, 2025
Phillies make major trade deadline move for All-Star closer Jhoan Duran from Twins: reports

Phillies make major trade deadline move for All-Star closer Jhoan Duran from Twins: reports

July 30, 2025
The Bubble Is Bursting: Delinquency Rates Have Doubled And Credit Card Defaults Are Soaring

The Bubble Is Bursting: Delinquency Rates Have Doubled And Credit Card Defaults Are Soaring

July 30, 2025
Trump announces new US-Pakistan trade deal to develop oil reserves

Trump announces new US-Pakistan trade deal to develop oil reserves

July 30, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.