Trump, Xi Call to Determine Fate of TikTok
September 19, 2025
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5:05Now PlayingTrump, Xi Call to Determine Fate of TikTok
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as posted by the channelLauren Dezenski, Bloomberg News Reporter, discusses the latest DC headlines including the call between President Trump and Xi Jinping.
A call between US President Donald Trump and Chinese President Xi Jinping is underway, in a discussion that promises to determine the fate of TikTok — and potentially ease trade tensions between the world’s two biggest economies.
The call between the leaders began at 8 a.m. Washington time on Friday, according to a White House statement.
The leaders are expected to discuss a framework agreement unveiled this week to shift control of TikTok’s US operations from its Chinese parent ByteDance Ltd. to a consortium of American investors.
Details of the deal haven’t been announced, and Trump remained noncommittal in an interview with Fox News that aired Thursday, signaling that a lot rides on how Xi responds.
“It sounds like they’ve approved TikTok, and TikTok is a tremendous amount of money for the United States so that was nice, but we’ll see how that all works,” Trump said.
The leaders’ conversation will be their first since June, with the two countries locked in a standoff over trade restrictions ensnaring key industries including semiconductors and rare earths. That includes wrangling over the future of chipmaker Nvidia Corp.’s access to China, currently hampered by US export controls and Chinese efforts to curb local demand for its products.
“We’re very close to deals on all of it,” Trump said, alluding to trade talks as well as TikTok. “And my relationship with China is very good.”
The call may also tee up a potential in-person meeting, in what would be a first since Trump returned to office. That engagement should yield a broader agenda including an expected Chinese order for Boeing Co. planes and potentially deeper discussion of geopolitical issues as conflicts continue to rage in Ukraine and the Middle East and skirmishes escalate in the South China Sea.
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