Trump says it sounds like China has approved TikTok deal

PRESIDENT Donald Trump told Fox News on Thursday that it sounded like China had approved a deal on TikTok, after announcing an agreement earlier this week with China that would keep the short-video app operating in the U.S.

AI Brief

Trump says China has approved a framework to shift TikTok's US assets to American control.
Chinese state media calls the deal mutually beneficial and plans to review tech export and IP licensing terms.
Trump and Xi Jinping are expected to hold a call on Friday, signaling ongoing dialogue amid tech and trade tensions.

"We had a very good meeting the other day, and it sounds like they've approved TikTok," he told "The Story with Martha MacCallum" program.

China on Wednesday called the framework deal reached in Madrid to switch TikTok to U.S.-controlled ownership a "win-win" and said it would review TikTok's technology exports and intellectual property licensing, in a state media editorial.

Trump and Chinese President Xi Jinping are due to speak on Friday.