President Donald Trump signaled optimism about reaching a final deal on TikTok’s U.S. ownership ahead of his expected meeting with Chinese President Xi Jinping at the APEC Summit in South Korea this week.
U.S. President Donald Trump says the Washington and Beijing are close to a trade deal ahead of his meeting with Xi Jinping in South Korea. He also hints a TikTok deal could be signed as soon as Thursday. #AWANIinternational pic.twitter.com/G0jiD65x0r
— AWANI International (@poweraffairs) October 27, 2025
Speaking aboard Air Force One, Trump said an announcement could come “in a couple of days,” suggesting both leaders will finalize terms initially framed during trade talks in Malaysia.
The deal reportedly involves U.S. investors led by Oracle taking majority control of TikTok, while ByteDance retains under 20 percent. China’s foreign ministry maintained its “consistent position,” offering no confirmation.
TIKTOK TALKS HEAT UP
— EuroPost Agency (@EuroPostAgency) October 27, 2025
Trump hints at deal with Xi: It’s something we’re going to talk about.#Europost pic.twitter.com/nBEgfsNtv0
The talks follow months of renewed trade tensions, including tariff threats and Chinese export curbs on rare earths. Trump has since softened his stance, calling higher tariffs “not sustainable.”
Analysts say a potential TikTok deal could ease tensions temporarily, but deeper structural disputes between Washington and Beijing will remain.
Also read:
TIPP Staff
