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Donald Trump hinted that a major deal has been reached.
He said in a Truth Social post, “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!”
The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly. 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. The relationship remains a very strong one!!! President DJT
The deadline for a deal is September 17th.
Chinese and US diplomats have been meeting this week in Madrid to discuss trade and other matters. Treasury Secretary Scott Bessent, leading the latest round of trade talks with China on behalf of the United States, had said that TikTok was one of the subjects likely to be discussed.
Trump multiple times has extended a self-imposed deadline to reach a deal with China to sell at least part of its US TikTok business to an American-backed owner. A bipartisan bill passed by Congress and signed by former President Joe Biden banned TikTok in the United States unless its China-based owner divested its stake in the US assets of the social media company.
The deadline had most recently been extended to September 17.
Trump is keeping his promises to the American people.