Trump and Xi are expected to finalize a long-sought TikTok deal today

1 week ago 6

Rommie Analytics

"President Donald Trump and China’s leader Xi Jinping joined a call Friday morning to finalize a deal that would sell most of TikTok’s US assets to American investors. The deal, if reached, would conclude a yearslong effort that began during Trump’s first term and became a key factor in broader negotiations between the United States and China in recent months. Neither side has disclosed terms of the agreement, because it has not been finalized. But sources familiar with the framework said the proposal would involve investments from a number of US-based venture capital firms, private equity funds and tech companies....
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