China Plans Work With US to Resolve TikTok Issues After Trump-Xi Meeting

Following a meeting between President Donald Trump and China's President Xi Jinping, China's Commerce Ministry announced it will collaborate with the U.S. to address issues related to TikTok's U.S. operations but provided no specific details or timeline. The Trump administration has been attempting to reach a deal to maintain TikTok's presence in the U.S. by enabling an American-led group to acquire majority ownership, while ByteDance retains a minority stake, aiming to alleviate national security concerns. Despite bipartisan legislative pressure and executive orders extending deadlines for a TikTok divestiture, progress remains uncertain, with past negotiations faltering amid broader U.S.-China trade tensions. Treasury Secretary Scott Bessent indicated a potential deal consummation during the leaders' meeting, yet experts suggest TikTok's fate is not a major priority for Xi Jinping. The situation underscores ongoing complexities in U.S.-China tech relations, balancing national security, economic interests, and diplomatic negotiations.