Trump says Shi agrees to the Tiktok deal where leaders are planning at the South Korean meeting

US President Donald Trump said he and the eleventh Chinese Prime Minister Jinping had agreed to a deal for the future of American Tijook operations during a phone call on Friday.

The President announced that he will meet with the eleventh at the Summit of Economic Cooperation in Asia Pacific in South Korea next month, adding that he will travel to China next year.

Trump wrote on the social truth that the invitation was “fruitful”, which is “estimated” the eleventh approval of the deal, which would see the American Tiktok works sold to a group of American investors.

TIKTOK, run by a Chinese company bytedance, was told before it must sell its American operations or the risk that is stopped.

However, Trump has managed to delay the implementation of the ban four times since it was announced for the first time in January, and earlier this week extended the deadline again until December.

In his position, Trump wrote “progress made” in commercial issues and will meet at the APEC summit in South Korea, scheduled to start at the end of October.

“I also agreed with President Xi that we will meet at the summit of your father in South Korea, to go to China in the first part of next year,” Trump said, adding that Xi will travel to the United States at the “appropriate time.”

The president did not provide any other details about the Tiktok deal, which he said earlier this week that the invitation would be confirmed.

According to what was reported, this deal will witness a group of American companies – including Oracle – which will enable Tiktok to continue working in the United States, using the algorithm technology licensed by bytedance.

The official government news agency Xinhua stated that China’s position in Tijk is “very clear” and that it welcomed companies “to conduct trade negotiations based on the market rules and reach solutions that comply with Chinese laws and regulations and the balance of interests.”

“We hope that the United States will provide an open, fair and non -discriminatory business environment for Chinese companies to invest in the United States,” he added.

Speaking alongside British Prime Minister Sir Kerr Starmer on Thursday, Trump said he believed Tiktok has a “huge value” for the United States.

“The people who invest it are among the greatest investors in the world,” he said. “They will do a great job – we do it in conjunction with China.”

However, many American lawmakers – including some within the Trump party – expressed their uncomfortable deal, pointing to continuous concerns about Betantian’s ties with the Chinese Communist Party, or CCP.

“I am concerned that the authorized license deal may involve the constant dependence of the new Tiktok on an alternative algorithm that could allow the control or influence of CCP,” said Republican actor at Michigan John Mullenar, head of the Chinese Communist Party’s selection committee, in a statement.

While Trump initially called for a ban on Tikhak during his first term, he changed the path, and said on Thursday that he saw the platform as a major part of his election campaign for 2024.

In January, the United States Supreme Court supported a law that was first passed in early 2024, and the application was prohibited unless the bytedance was submitted from its American operations. The “dark” application is only briefly at the time, before delaying the ban.

The US Department of Justice had previously expressed fears that Tijook ‘access to user data in the United States poses a threat to national security of “depth and huge size”.

The call between Shi and Trump is the second so far this year.

In June, the two leaders spoke to discuss China’s export of rare ground minerals, which led to China’s approval to agree to a “certain number” of export permits for American companies, as well as the magnet made of them.

Chinese and US officials have made four rounds of talks in recent months, and so far in carrying out a very high tariff and strict export controls.

The United States has already imposed 20 % on some Chinese commodities that it says are linked to trafficking in Fentanel.

Other thorny issues – including technology export restrictions and Chinese purchases of American agricultural products – remain without a solution.