Donald Trump says China`s President Xi Jinping approved Tik Tok deal

Former US President Donald Trump recently stated that the United States will have “tight control” over the popular app TikTok, describing the arrangement as a “very good deal” for Washington.

“We are going to have very tight control. It is an amazing thing that has been created. I am a little prejudiced because I frankly did so well on it. It got me numbers that nobody has ever even heard before,” Trump said. He added that the app is highly sought after by young Americans and their parents alike.

Trump also highlighted the positive relationship with Chinese President Xi Jinping, saying, “So we were able to work out a deal with China. It’s a very good deal for us. I hope it’s a good deal for them. These are American investors. They are very famous people financially. They’ll have control of it. I want to thank President Xi because he was a gentleman. We just had a good relationship.”

The remarks came after a telephonic conversation between Trump and President Xi Jinping, during which they discussed various issues, including TikTok. The app faces the threat of a ban in the US following legislation passed by the Biden administration mandating that TikTok divest its ownership from the Chinese internet company ByteDance.

In response to the talks, ByteDance released a statement expressing gratitude to both leaders and affirming its commitment to complying with Chinese law to ensure TikTok continues operating in the US. The statement read:

“We thank President Xi Jinping and President Donald Trump for their attention to TikTok. ByteDance will advance related work in accordance with the requirements of Chinese law, allowing TikTok U.S. to continue serving American users well.”

The legislation, passed in April 2024, aims to ban TikTok in the US starting January 19, 2025. However, the government has not yet enforced the ban as it negotiates a deal with China.

According to reports by The Wall Street Journal and The New York Times, citing sources familiar with the discussions, the proposed agreement would grant a group of American investors control of 80% of TikTok, while the remaining 20% would remain with Chinese firms including ByteDance.

This development reflects ongoing efforts by the US to secure greater control over the platform amid national security concerns.

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https://www.mid-day.com/news/world-news/article/donald-trump-says-chinas-president-xi-jinping-approved-tik-tok-deal-23594932

US President Donald Trump halts military aid package to Taiwan

US President Donald Trump and Chinese President Xi Jinping held a telephonic conversation, Xinhua News reported on Friday.

Prior to the call between the two leaders, US media reported that President Trump declined to approve USD 400 million in military aid to Taiwan. This move is seen as part of his effort to negotiate a trade deal with China. Trump is also striving to arrange a summit with his Chinese counterpart, Xi Jinping, according to US media reports. The Trump administration is generally seeking to soften relations with Beijing.

A White House representative stated that the decision regarding the aid package has not been finalized and may be reviewed.

According to local US media outlets, Trump and Xi were expected to discuss a deal to confirm the framework for separating the TikTok app from its Chinese owner, ByteDance, to avoid a potential US ban.

“We have a deal on TikTok. I’ve reached a deal with China. I’m going to speak to President Xi on Friday to confirm everything,” Trump told reporters outside the White House.

Last year, former US President Joe Biden enacted a law mandating that TikTok’s parent company, ByteDance—based in China—sell off the app or face a ban in the US due to national security concerns. A US federal law was scheduled to take effect in January this year, requiring the company to find a non-Chinese owner or face a ban in the US. Trump later extended this deadline.

Chinese and US officials recently held a new round of trade talks in Madrid, Spain, on Sunday and Monday, following earlier discussions in Switzerland, Britain, and Sweden.

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https://www.mid-day.com/news/world-news/article/us-president-donald-trump-halts-military-aid-package-to-taiwan-23594917