No new developments emerged from the recent Trump-Xi meeting concerning the ongoing negotiations over TikTok’s ownership. Treasury Secretary Scott Bessent had earlier suggested the potential for a deal, hinting at a possible transfer of control from the Chinese owner. However, neither Trump nor Chinese officials have announced any concrete progress during their latest discussions.
The office of TikTok in Culver City, Calif., remains a focal point for these negotiations. As the U.S. continues to weigh national security concerns against economic interests, the outcome of these talks could significantly impact the company’s future. Despite the absence of new announcements, the stakes remain high, and the international community watches closely for any breakthroughs.
Industry experts suggest that the lack of progress may be due to unresolved regulatory and operational challenges. Meanwhile, the potential transfer of control could have far-reaching implications for both U.S. and global markets. Investors and analysts will be monitoring any future developments to assess the potential financial impact on TikTok’s operations and shareholder value.