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    3. >Trump and Xi make progress on TikTok deal, plan to meet in South Korea
    Headlines

    Trump and Xi Make Progress on TikTok Deal, Plan to Meet in South Korea

    Published by Global Banking & Finance Review®

    Posted on September 19, 2025

    2 min read

    Last updated: March 1, 2026

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    Tags:Presidenttradefinancial communityinternational organizationscryptocurrency

    Quick Summary

    Trump and Xi Jinping progress on TikTok deal, planning to meet in South Korea during APEC. Discussions included trade and global issues.

    Trump and Xi Progress on TikTok Agreement, Set South Korea Meeting

    Progress on TikTok Agreement

    By Trevor Hunnicutt

    Details of the Call

    WASHINGTON (Reuters) -U.S. President Donald Trump said he and Chinese President Xi Jinping made progress on a TikTok agreement and pledged to meet face-to-face in just over a month in South Korea.

    China's Stance on TikTok

    The two sides appeared to lower tensions during the first call in three months between the leaders of the two superpowers, but it was not immediately clear if the call had yielded the expected firm agreement over the fate of the popular short-video app.

    Future Meetings and Discussions

    Trump did say the leaders agreed to talks on the sidelines of the Asia-Pacific Economic Cooperation forum that starts on October 31 in Gyeongju, South Korea, and for a potential later visit to China by Trump. Reuters previously reported that the two sides were planning such a meeting.

    "We made progress on many very important issues including Trade, Fentanyl, the need to bring the War between Russia and Ukraine to an end, and the approval of the TikTok Deal," Trump wrote on social media.

    "The call was a very good one, we will be speaking again by phone, appreciate the TikTok approval, and both look forward to meeting at APEC!" Trump wrote.

    But China's statement made no reference to a final agreement.

    "On TikTok, Xi said China's position is clear: the Chinese government respects the will of firms and welcomes companies to conduct business negotiations on the basis of market rules to reach a solution consistent with Chinese laws and regulations while balancing interests," according to the meeting summary in Xinhua.

    (Reporting by Trevor Hunnicutt; Additional reporting by David Brunnstrom and Xiuhao Chen and Ethan Wang in Beijing; Editing by Lisa Shumaker)

    Table of Contents

    • Progress on TikTok Agreement
    • Details of the Call
    • China's Stance on TikTok
    • Future Meetings and Discussions

    Key Takeaways

    • •Trump and Xi Jinping made progress on a TikTok agreement.
    • •A meeting is planned in South Korea during the APEC forum.
    • •Discussions included trade and the Russia-Ukraine conflict.
    • •China's stance on TikTok remains cautious.
    • •Future meetings between Trump and Xi are anticipated.

    Frequently Asked Questions about Trump and Xi make progress on TikTok deal, plan to meet in South Korea

    1What is a central bank?

    A central bank is a national institution that manages a country's currency, money supply, and interest rates. It oversees the banking system and implements monetary policy to stabilize the economy.

    2What is a financial community?

    A financial community refers to a network of individuals and organizations involved in financial services, including banks, investors, regulators, and financial markets, facilitating economic transactions and investments.

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