Donald Trump says TikTok deal approved by Chinese President Xi. #TikTok #DonaldTrump #BBCNews

Key Concepts:

• TikTok Deal
• American Investors
• President Xi
• Approval Process
• Formalities

TikTok Deal Status

The speaker states that he had a "great call with President Xi" and that "we approved the tick tock deal and we're in the process." This indicates that a preliminary agreement has been reached regarding the future of TikTok's operations, presumably within the United States.

American Investors Involvement

The speaker emphasizes the involvement of "some of the biggest uh in the world American investors great people" in the TikTok deal. This suggests that the deal involves a significant transfer of ownership or control to American entities. The speaker expresses optimism, stating, "we look forward to getting that deal closed."

Approval Ambiguity

When questioned about whether the deal is "fully approved," particularly in light of potentially conflicting "Chinese statements," the speaker provides a somewhat ambiguous response. He states, "Well, I think so. I mean when you say fully approved I don't know what that means." This suggests that while there is a general understanding or agreement, the formal approval process may not be entirely complete.

Remaining Formalities

The speaker acknowledges that "we have to get we have to get it signed." He further adds, "I guess uh there could be a formality." This implies that certain legal or procedural steps remain before the deal can be considered fully finalized and implemented. The use of the term "formality" suggests that these remaining steps are perceived as relatively minor or routine, but still necessary for completion.

Conclusion

The speaker conveys a sense of progress and optimism regarding the TikTok deal, highlighting the involvement of American investors and a positive dialogue with President Xi. However, the speaker also acknowledges that the deal is not yet fully approved and that certain formalities, including signing the agreement, remain to be completed. The exact nature and significance of these remaining steps are not explicitly detailed, leaving some ambiguity regarding the finality of the agreement.