Trump says Xi approves of TikTok deal as leaders plan South Korea meeting
TikTok, which is run by Chinese firm Bytedance, was previously told it had to sell its US operations or risk being shut down.
Trump wrote on Truth Social the call was "productive" and he "appreciated" Xi's approval of deal, which would reportedly see TikTok's US business sold to a group of US investors.
The president announced he will meet Xi at the Asia-Pacific Economic Cooperation summit in South Korea next month, adding he would travel to China next year.
US President Donald Trump said he and Chinese Premier Xi Jinping have approved a deal on the future of TikTok's US operations during a phone call on Friday.
Trump, however, delayed implementing the ban four times since it was first announced in January, and earlier this week extended the deadline again to December.
In his post, Trump wrote the two "made progress" on trade issues and would meet at the APEC summit in South Korea, scheduled to begin at the end of October.
"I also agreed with President Xi that we would meet at the APEC Summit in South Korea, that I would go to China in the early part of next year," Trump said, adding that Xi would travel to the US at "an appropriate time".
The president provided no further details on the TikTok deal, which he said earlier this week that the call would confirm.
That deal will reportedly see a group of US firms- said to include Oracle - that would enable TikTok to continue operating in the US, using algorithm technology licensed from ByteDance.
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