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Trump suggests China approves TikTok deal, though app's fate still unclear

TikTok Donald Trump China Xi Jinping United States ByteDance

President Trump and Chinese leader Xi Jinping spoke about a TikTok deal Friday, but details on the social media platform's U.S. future remain unclear.

Why it matters: It's not 100% certain what the deal under discussion entails, though reports have suggested U.S. investors would control most of a new entity with a new app.

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