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.’”
This is a developing story. Please check back for more information.
[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]
