<h2 class="topline-heading">Topline</h2><p>President Donald Trump on Friday said Chinese President Xi Jinping gave “approval” for a deal that would keep TikTok online in the U.S., though Trump did not offer additional details on the talks. </p><figure class="embed-base image-embed embed-0" role="presentation"><div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/685181c5191b934ff043c4f0/Trump-Supports-Competition-From-TikTok/960x0.jpg?cropX1=0&amp;cropX2=3615&amp;cropY1=39&amp;cropY2=2072" alt="Trump Supports Competition From TikTok" width="100%" height="auto"></div><div style="--article-bg-color:#faf3f1"><div class="bMqrj"><div class="Jp--BF7-"><span style="-webkit-line-clamp:2" class="Ccg9Ib-7 _8XF2kHYM">A deal is expected to include a controlling stake for billionaire Larry Ellison and Marc Andreessen’s capital venture firm.</span></div><small class="pGGCM2aD">NurPhoto via Getty Images</small></div></div></figure>

<div class="key-facts-element"><p>Trump, <a href="https://truthsocial.com/@realDonaldTrump/posts/115231649861246548" rel="nofollow noopener noreferrer" target="_blank" class="color-link" title="https://truthsocial.com/@realDonaldTrump/posts/115231649861246548" data-ga-track="ExternalLink:https://truthsocial.com/@realDonaldTrump/posts/115231649861246548" aria-label="writing">writing</a> on Truth Social following a phone call with Xi, said he and Xi “made progress on many very important issues” and specifically thanked Xi for “the TikTok approval.” </p></div>

A deal is expected to include a controlling stake for billionaire Larry Ellison and Marc Andreessen’s capital venture firm. {ai:summary}<p>Trump says Xi gave 'approval' for a TikTok deal to keep the app in the U.S., with Ellison and Marc Andreessen’s VC getting a controlling stake.</p><p>On Truth Social after a Xi call, Trump said they made progress on major issues and thanked Xi for the TikTok approval.
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Trump Says TikTok Deal Has China’s ‘Approval’

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