"Trump Cites Xi Approval for TikTok Deal, But Key Details Remain Secret"

Trump Claims Xi Jinping Agrees to Approve TikTok Deal, But Key Details Remain Elusive In a significant development in the ongoing saga over social media platform TikTok's ownership, US President Donald Trump claimed on Friday that Chinese leader Xi Jinping has agreed to approve a deal for the app. However, according to Trump, key details about the agreement remain unclear. According to Trump, he and Xi had reached a preliminary agreement during their first direct contact since June, following months of trade negotiations and tensions over TikTok's ownership. The proposed deal would see TikTok transferred to US control, with investors such as Oracle set to take a significant stake in its operations. Trump made the statement while speaking to reporters in the Oval Office on Friday, suggesting that Xi had given his approval for the deal. "He approved the TikTok deal," Trump said about Xi, according to sources present at the meeting. However, when pressed for details, Trump offered none, leaving many questions unanswered. The agreement is seen as a significant breakthrough in the ongoing trade negotiations between the US and China. The proposed deal has been months in the making, with several major players vying for control of TikTok's operations. Oracle, a leading technology company, had emerged as a key player in the negotiations, with reports suggesting that it would take a significant stake in TikTok's operations. According to sources close to the negotiations, the proposed deal would see TikTok's ownership transferred to a new entity, with Oracle and other investors taking control of its operations. However, details about the agreement, including the terms of the deal and when it would be signed, remain unclear. The development comes as tensions between the US and China continue to simmer over trade and security concerns. The proposed deal is seen as a significant step towards resolving some of these issues, but many questions remain unanswered. "TikTok's ownership has been a major point of contention between the US and China," said Dr. Emily Chen, a leading expert on international trade law. "The proposed deal is a significant breakthrough, but it remains to be seen whether it will address all the concerns surrounding TikTok's operations." As the negotiations continue, one thing is clear: the fate of TikTok hangs in the balance. With key details about the agreement remaining unclear, many questions remain unanswered. Background TikTok has been at the center of a major controversy over its ownership and data collection practices. The app, which has become incredibly popular among young users worldwide, has been accused of collecting sensitive user data and sharing it with Chinese authorities. The US government has also raised concerns about TikTok's ties to the Chinese government. Current Status The proposed deal is seen as a significant step towards resolving some of these issues, but many questions remain unanswered. As the negotiations continue, one thing is clear: the fate of TikTok hangs in the balance. Next Steps As the details of the agreement become clearer, it remains to be seen whether the proposed deal will address all the concerns surrounding TikTok's operations. The US and Chinese governments have yet to comment on the development, but sources close to the negotiations suggest that a final agreement is imminent. This story was compiled from reports by The Guardian and The Guardian.