US President Donald Trump on Friday introduced that Washington and Beijing had reached an settlement on TikTok, including that he would meet Chinese language President Xi Jinping on the APEC Summit in South Korea later in October and go to China “early subsequent 12 months.”

The announcement got here after the 2 leaders spoke by cellphone, their first dialog in months. Trump described the decision as “very productive,” noting that discussions touched on commerce, fentanyl trafficking, efforts to finish the Russia-Ukraine battle, and ultimate approval of the TikTok deal. He additional confirmed that Xi would journey to america “at an applicable time.”

“The decision was an excellent one,” Trump wrote on Reality Social, stressing that the 2 sides would proceed talking within the weeks forward.

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In line with a US official, the dialog started at 8 am Jap time (1200 GMT) and coated commerce issues as properly, overseas media reported.

Additionally Learn: Trump proclaims TikTok cope with China, extends US ban deadline to December 16

This marked Trump’s second name with Xi since returning to the White Home, the place his administration has imposed steep tariffs on Chinese language items, triggering retaliatory measures and elevating tensions between the world’s two largest economies. Regardless of this, Trump has signalled openness to hanging commerce preparations, significantly in relation to TikTok.

TikTok possession talks transfer ahead

Trump, who has credited TikTok with bolstering his political attain, has repeatedly prolonged the deadline for the platform to be spun off from its Chinese language mum or dad, ByteDance. The transfer is required underneath a legislation handed final 12 months to deal with nationwide safety and information privateness considerations.

Trump mentioned Thursday that TikTok “has great worth” and the US “has that worth in its hand as a result of we’re those that must approve it.”

Additionally Learn: ‘Able to go, simply say when’: Trump urges NATO to impose harsh sanctions on Russia, slap China with 50–100% duties 

Past TikTok: commerce, Ukraine and fentanyl

Trump mentioned the dialog additionally yielded progress on “many crucial points together with Commerce, Fentanyl, the necessity to deliver the Conflict between Russia and Ukraine to an finish,” moreover TikTok. An announcement launched by Beijing mentioned Xi emphasised the importance of US-China ties and urged Washington to chorus from imposing further commerce restrictions.

“Either side have to work laborious and in the identical course, in order to grasp mutual respect, peaceable coexistence and win-win cooperation,” the Chinese language assertion mentioned.

Trump, talking individually on Thursday, mentioned his relationship with China was “excellent,” however argued that Russia’s battle in Ukraine may very well be curtailed if European international locations elevated tariffs on China. He didn’t specify whether or not he deliberate new tariffs on Beijing over its buy of Russian oil, a step he has already taken towards India.

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