China, Trump and TikTok
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President Donald Trump said trade talks with China had “gone very well” and hinted at a deal resolving US concerns over TikTok’s ownership. While Trump claimed an agreement had been reached, China has not confirmed any such development.
The administration would grant ByteDance its fourth reprieve since January as the app remains entangled in broader U.S.-China negotiations.
The current TikTok ban extension is set to expire on Sept. 17, unless a deal is reached. Trump has extended the app three times.
President Donald Trump told reporters he hasn’t decided on Chinese ownership of TikTok when asked in the Oval Office if China will continue to have an ownership stake in TikTok’s parent company.