Tiktok, the prices are looming on Trump’s phone call with Xi Jinping

“I speak with President XI, as you know on Friday, to have to do with Tiktok, and also to trade,” said Trump on an interview with Fox News on Thursday.

“And we are very close to the agreements on all of this. And my relationship with China is very good. ”

The call will be the second between the two men since Trump’s return to the White House in January and the third since the start of the year.

On June 5, the American president said that Xi invited him to visit China and that he issued a similar invitation for the Chinese chief to the United States.

So far, no travel plan has been made, but several analysts expect Xi to repeat its offer, in particular knowing that Trump is always eager to be received with a diplomatic fanfare.

Tiktok

“Each leader will aim to point out that he has exceeded the other” in the sales talks focused on prices, Ali Wyne, an expert in American-chinoine relations at the International Crisis group, predicted in a note.

The pair could settle the drama of Tiktok, after Trump repeatedly rejected a ban under a law designed to force the Chinese parent company bytedance to sell its American operations for reasons of national security.

Trump told journalists on Thursday that he hoped to “finalize something on Tiktok”.

As part of the agreement, Tiktok American affairs will belong to all American investors and very rich people and businesses, “said Trump.

He said he thought Tiktok had reinforced his call to young voters and helped him win the 2024 elections.

The president again postponed Tuesday by applying a ban on the application, which had been decided under his predecessor Joe Biden.

THE Wall Street Journal Increased the possibility of a consortium to control Tiktok which would include the Oracle technology giant and two investment funds in California – Silver Lake and Andreessen Horowitz.

Price

Telephone talks arise while the two largest economies in the world seek to find a compromise on prices.

The two parties have considerably increased the prices against each other during a dispute of one month earlier this year, disturbing world supply chains.

Washington and Beijing then concluded an agreement to reduce samples, which expire in November, the United States imposing 30% rights on imports of Chinese products and China hit American products with a 10% rate.

The telephone meeting also comes after XI organized a major summit this month with the leaders of Russia and India-and invited the North Korean leader Kim Jong one to observe a large military parade in Beijing.

“Please give my warmest to (Russian president) Vladimir Putin and Kim Jong one while you conspire against the United States of America,” Trump wrote to Xi on his social platform for truth.

The American chief criticized India with punitive prices for his oil purchases in Moscow, and called on European countries to sanction China for the purchase of Russian oil, although Washington did not sanction Beijing himself.

“If they did it on China, I think the war (in Ukraine) might end,” Trump told Fox News.