President Trump advised Monday that his administration has reached a deal on TikTok amid commerce talks between the U.S. and China.
“The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly,” he wrote on Fact Social. “A deal was also reached on a ‘certain’ company that young people in our Country very much wanted to save. They will be very happy!”
“I will be speaking to President Xi on Friday,” he continued. “The relationship remains a very strong one!!!”
A legislation requiring TikTok’s China-based mother or father firm to divest from the app or face a U.S. ban was set to enter impact in January however has been repeatedly delayed by the Trump administration because the president has sought a deal. The most recent extension is ready to run out Wednesday.
