Trump stated on Friday July 4, aboard Air Force One that he would be speaking to Chinese President Xi by next week - possibly Monday or Tuesday, to conclude on Tiktok deal. Tiktok is a social media and online video platform owned by Chinese Internet Company Bytedance . During President Biden's administration, on April 24, 2024, Biden signed into law, the Protecting Americas from Foreign Adversary Controlled Application Act. The act gave Bytedance (Tiktok parent company ) a nine month deadline until January 19, 2025, to either divest Tiktok or face ban from operating in the U.S. Bytedance appealed before the supreme Court, but the Protecting Americas from Foreign Adversary Controlled Application Act was upheld. However, Trump who won the November, 2024 presidential election requested for an extension in December , 2024, ahead of his inauguration as the 47th president of the United States on January 20, 2025, in order to give his incoming administration time to deliberate on the ma...