Trump, Xi call on TikTok deal underway

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Chinese President Xi Jinping and U.S. President Donald Trump.

Dan Kitwoodnicholas Kamm | Afp | Getty Images

President Donald Trump and Chinese leader Xi Jinping on Friday began a much-anticipated call aimed at finalizing a deal to keep TikTok from going dark in the U.S.

The call began at 8 a.m. ET, a White House official told CNBC.

Washington and Beijing agreed on a deal “framework” for the social media platform on Monday, Treasury Secretary Scott Bessent said after the latest round of talks between the two economic superpowers in Madrid.

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