President Trump has just signed a deal sanctioning his plan to transfer operational control of TikTok to a consortium of American investors — noting he did so after a “very good talk with President Xi.”
Trump, who plans to meet Xi next month in South Korea on the sidelines of the APEC summit, said “we have great American investors,” but named only Larry Ellison of Oracle.
“I spoke with President Xi,” he said. “We had a good talk. I told him what we were doing and he said, ‘Go ahead with it.’”
Trump vowed that the newly American-run TikTok would treat “every philosophy” fairly — after complaints from US leaders that anti-US content got top billing while the platform was run by Chinese executives.
“If I could make it 100% MAGA, I would, but it’s not going to work out that way. Unfortunately, no, everyone’s going to be treated fairly,” Trump said.
“Every group, every philosophy, every policy will be treated very fairly.”
This is a developing story. Please check back for more information.
