Trump's tariff policy

Conflicting signals from Trump and Xi on Tiktok deal

China has approved a deal on Tiktok in the US, Donald Trump writes on his social network Truth Social after a phone call with Xi Jinping. The Chinese leader, however, tells Chinese state media that he "welcomes negotiations" on Tiktok.

Both call the phone call on Friday productive, according to Al Jazeera and AFP. Xi Jinping urges the US to end its tariffs against China.

According to Donald Trump, the two leaders have booked several new meetings in South Korea, China and the US, he writes.

The US has demanded that Tiktok's Chinese owner Bytedance sell its operations in the US, writes TT. The Chinese stock market fell ahead of the conversation, which was also supposed to be about a new trade agreement between the countries, according to Bloomberg.

Expert: Trump chases Tiktok headlines – Xi bets on image

Beijing is betting on image and the long term, while Washington is chasing Tiktok headlines and a summit while hoping for more gains in the future. This is what Craig Singleton at the think tank Foundation for Defense of Democracies told Reuters after Friday's phone call between US President Donald Trump and Chinese leader Xi Jinping.

- I think China is very happy with the current dynamic, he told the news agency.

Wendy Cutler at the Asia Society Policy Institute warns at the same time that important questions about Tiktok remain. For example, it is unclear who would own and control the algorithm, she told the AP.