Donald Trump and Xi Jinping prepare to define the future of Tiktok in the US

Donald Trump and Xi Jinping prepare to define the future of Tiktok in the US

Trump himself said The dialogue could open the door to an eventual face to face with XI to advance a broader commercial pact that ends the Tariff war between the two greatest economic powers in the world.

“I am talking to President XI, as you know, on Friday, about Tiktok and also about commerce. And we are very close to agreements in everything,” Trump told the press on Thursday.

Tiktok at the center of the dispute

The central theme of the conversation will be the situation of the popular social network of Chinese origin, which faces the threat of a veto in the United States if its control does not happen to a new owner. Washington demands that Bytedancean app company, it detaches from direct property for reasons of national security and data protection.

He Treasury Secretary, Scott Besentsaid that in a recent meeting held in Madrid Both delegations reached a framework of agreement on the property of the platform, although it remarked that it will be Trump and XI who formalize it this Friday.

Tik tok USA

Tik Tok remains in the center of the dispute between China and the US.

F24

Trump, which already extended the deadline for sale several times, said that “Tiktok has tremendous value And the United States has that value in their hands because we are the ones who must approve it. ”

China’s position

From Beijingofficials announced on Monday that a consensus was achieved around the use of intellectual property rights, including the algorithm that regulates the contents of the application. In addition, they explained that both parties agreed that an external partner is in charge of the Data management and user security In the United States.

For its part, the Chinese Embassy in Washington did not confirm the call or bilateral encounter, although the spokesman Liu Pengyu He stressed that “the diplomacy of heads of state plays an irreplaceable role to offer strategic guidance to relations between China and the United States.”

Tensions and commercial negotiations between China and the US

It will be the second direct conversation between both leaders since Trump returned to the White House and reactivated tariffs against China, a measure that caused equivalent reprisals.

Despite the tensions, the US president said that maintains a “very good” relationship With XI.

The dialogue will not be limited to Tiktok: it will also include commercial issues. Since May, both countries held four rounds of negotiationswhich allowed to temporarily stop the highest tariffs and relax certain export controls. However, differences in areas such as Agriculture, Technology and Synthetic Drugs.

The impact on the economy

The tariff dispute hit American agricultural producers. Between January and July, exports of USA to the Chinese market 53% fell Regarding the same period of the previous year, according to official figures.

The analyst Ali Wyneof the International crisis GroupHe said that Trump “will probably try to show that the country has the advantage”, while Xi will seek to “highlight China’s economic strength and notice that bilateral progress will depend on the relief of tariffs and sanctions.”

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts