• Trump indicates a possible deal regarding TikTok's future amid ongoing trade talks with China.
• The deadline for TikTok's parent company ByteDance to sell US assets is set for September 17.
• US Treasury Secretary stated negotiations are close to resolving the TikTok issue.
• Trump will speak to Chinese President Xi Jinping later this week to discuss the matter.
• Concerns about national security continue to influence the TikTok ban discussions.

U.S. President Donald Trump has hinted at a breakthrough in the negotiations surrounding TikTok, stating that a deal has been reached involving a "certain company" that is popular among U.S. youth. His comments arose from recent trade discussions in Madrid with Chinese officials, where TikTok was a significant topic of conversation, according to Indiatimes and Los Angeles Times.

As the September 17 deadline for ByteDance to divest its U.S. assets approaches, Trump expressed uncertainty about TikTok's fate, saying, "We may let it die, or we may, I don’t know — it depends, up to China." Despite national security concerns voiced by lawmakers, he has credited TikTok for his outreach to younger voters, emphasizing the app's significance in his campaign, reports Indiatimes and South China Morning Post.

Trump also announced plans to speak with Chinese President Xi Jinping later in the week, calling the U.S.-China relationship "very strong." Meanwhile, U.S. Treasury Secretary Scott Bessent indicated that discussions on TikTok were progressing positively, signaling a potential resolution, according to CBS News and Indiatimes.

The ongoing negotiations reflect heightened tensions regarding data security and privacy concerns associated with TikTok, as U.S. officials remain apprehensive about the app's Chinese ownership. Since the initial ban legislation by the U.S. Congress, Trump has extended the compliance deadline three times, with the current cut-off looming, as noted by both Indiatimes and Los Angeles Times.