“Very productive” call between Trump and XI. The first meeting between the two will take place at the APEC summit in late October, then the American president will go to China “at the beginning of next year”
Tik Tok, Dazi, Fenanyl and War in Ukraine. There have been many themes of the phone call in the early afternoon (Italian time) between Donald Trump And XI Jinping.
The inevitable social post of the American President, who wrote: «I just finished a very productive phone call with the Chinese president XI. We have made progress on many very important issues, including trade, Fentanyl, the need to end the war between Russia and Ukraine and the approval of the Tiktok agreement “.
The leaders of the two global superpowers agreed to meet at the Summit of Asia-Pacific Economic Cooperationwhich will be staged in South Korea on October 31st.
Mutual state visits are also on site, as announced by Trump: «I will go to China at the beginning of next year and that President Xi, in the same way, will come to the United States at the right time».
Overall, the call was assessed as “very positivewe will be affected on the phone, I appreciate the approval of Tiktok and both can’t wait to meet the Apec! ».
Tik Tok
Going to the point, the Chinese state press agency, Xinhuapublished the Beijing report regarding the Tik Tok affair: «XI said that China’s position is clear: the Chinese government respects the will of companies and encourages companies to conduct commercial negotiations based on market rules To achieve a solution consistent with Chinese laws and regulations and a balance of interests ».
The solution that emerged from the negotiations, according to what is reported by the American media, seems to predict that a consortium of American investors, led by Larry Ellison of Oracle, acquire 80% of Tiktok’s US activities.
The Consortium includes prominent names of Silicon Valley: in addition to Oracle, the private equity fund participate Silver Lake and the company of Venture Capital Andreessen Horowitz. According to the Wall Street Journal, the new structure provides that Chinese investors maintain only the remaining 20% of the property.
The structural agreement maintains Oracle in the role of manager of American users’ data At its structures in Texas, a role that the company has already held since 2020. The Board of Directors of the new entity will be dominated by Americans, with a representative appointed directly by the US government.
Bytedancethe Chinese parent company, will keep the technological license rights (with attached royalties) but will lose operational control.
Duties
The phone call does not seem to have brought any news on the duties front. The tariff situation between the United States and China remains characterized by high levels of mutual customs taxes, temporarily mitigated by a commercial respite.
Currently, the United States apply one rate of 30% on Chinese goodswhile China keeps A 10% duty on American products. This situation is the result of a reduction from the record rates of April 2025, when Washington had imposed duties up to 145% and Beijing had responded with rates of 125%.
War in Ukraine
On the theme of the war in Ukraine, the phone call will hardly have led to novelty of any kind. The positions of the United States and China are in fact completely divergent. Washington actively supports Ukraine with military and financial assistance.
Although Trump has intensified the efforts to mediate between Russia and Ukraine, Meeting Putin in Alaska And Zelensky At the White House, no concrete result has yet come from this effort.
The Chinese position is officially neutral. However, practical reality reveals a substantial support to Moscow. During a reserved meeting with European diplomatics Kaja Kallasthe Chinese Foreign Minister Wang Yi said that Beijing “cannot accept that Russia lose in Ukraine”.
This position can be easily explained by the Chinese strategic calculation according to which a Russian defeat would allow the United States to completely concentrate their resources on competition with China.
Once the Trump-Xi phone call is archived, the eyes are now focused at the top of the Asian-Pacific Economic Cooperation, where the two leaders will meet for the first time after the return to Trump’s White House.
