Trump, XI made progress on the Tiktok deal but remains the job: the White House

President Donald Trump and Chinese leader XI Jinping failed to reach a final agreement on Tiktok During a call on Friday, but the two made significant progress for a deal, a White House employee told Eamon JAVers on CNBC.

Later Friday, Trump said in the oval office that a deal with Tiktok “is on the way, as you know, and investors are preparing.”

“We have to sign it,” he said, according to a White House pool reporter, adding, “I guess this can be a formality.”

The remarks of the White House employee regarding the long -awaited call came after Trump and the state media of China issued a duel to read their conversation, which left the status of a deal in the popular video application unclear.

“I just finished a very productive call with the President XI of China. We have made progress on many important issues, including trade, fentanyl, the need to end the war between Russia and Ukraine and the Tiktok deal approval,” Trump writes in True Social Publication Late Friday morning.

Trump also announced that he had agreed to meet during the upcoming Asia-Pacific Forum for Economic Cooperation Meeting in South Korea.

Trump added that he had agreed to “go to China early next year” and that he “will also come to the United States at the right time.”

“The call was very good, we’ll talk again on the phone, we’ll appreciate Tiktok’s approval and we’re looking forward to meeting APEC!” He wrote.

Meanwhile, translated reading by Chinese State news agency Xinhua has emerged that it shows daylight between the two sides of the Tictoc.

“China’s position on Tiktok is clear: the Chinese government complies with the will of the companies and it is happy to see companies conduct business negotiations based on market rules and reach solutions that comply with Chinese laws and provisions and balanced interests,” the statement said.

“We hope that the US country will provide an open, fair and non -discrimination business environment for Chinese companies investing in the United States.”

“The United States hopes to encourage bilateral economic and commercial cooperation, will support consultations between the two teams and will correctly resolve the issue of Tiktok,” the Xinhua statement said.

Trump and his administration had signaled earlier during the week that the deal was hardly concluded.

Finance Minister Scott Bechent said on Monday that negotiators for both countries have agreed to a “frame” for Tiktok, which is at risk of being banned in the United States

Trump on Tuesday even stated, “We have a deal for Tiktok,” adding that his call with XI is just “to confirm everything.”

Bytedance, the Chinese Tiktok Mother Company, has encountered an ultimatum under the Federal Law requiring it either to release the US Platform Business or to be imprisoned in the United States

But Trump, a Tittok fan that lends him, helped him win the 2024 presidential election, repeatedly extends the deadline. On Tuesday he signed Enforcement order delaying it until December 16th.

During a state visit to the United Kingdom on Thursday, Trump said he was eager to keep a Tictoc alive in the United States

“We talk to our president on Friday to see if we can finalize something on Tiktok because it has a lot of value and I hate to give value, but I like Ticktock,” Trump said at Checkers, the British Prime Minister’s residence in Aysbury, England.

The legislators of both countries have supported Tiktok legislation, which aims to protect Americans from social media applications that are used to supervise or manipulate foreign opponents.

President Joe Biden The bill signed the law in April 2024, with Bytedance initially facing a deadline of January 19 to be released or faced a ban on the United States.

But Trump extended this period on his first day of service and he did it Three more times Since then.

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