President plans to begin discussions with China as soon as Monday
President Trump said the United States has “pretty much” reached a deal for a company to acquire the U.S. assets of TikTok and plans to begin talks with China this week.
“I think we’re going to start Monday or Tuesday … talking to China, perhaps President Xi or one of his representatives, but we would, we pretty much have a deal,” Trump told reporters on Air Force One on his way to his home in Bedminster, New Jersey, Friday.
The deal would likely need to be approved by China, Trump said, adding he believes the agreement would benefit both countries.