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Reuters
Reuters
Business

China to raise issues surrounding WeChat, TikTok in trade talks with U.S.: Bloomberg

FILE PHOTO: People walk past a Wechat Pay sign at the Tencent company headquarters in Shenzhen, Guangdong province, China August 7, 2020. REUTERS/David Kirton

Trade negotiators from the United States and China will discuss the implementation of the phase one trade deal in the coming days, with China likely to bring up issues surrounding TikTok and WeChat, Bloomberg News reported on Wednesday, citing sources.

Agricultural purchases and the dollar-yuan exchange rate will also be among the topics to be discussed in the virtual meeting that may take place as early as this week, though a date has not been finalized, according to the report https://bloom.bg/3h1krsw.

Last week, U.S. President Donald Trump unveiled bans on U.S. transactions with the China-based owners of messaging app WeChat and video-sharing app TikTok.

FILE PHOTO: TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration

The report comes a day after White House economic adviser Larry Kudlow said that the U.S.-China trade deal was in "fine" shape, despite recent tensions between the two countries over Hong Kong, the handling of the coronavirus outbreak, data security and trade tariffs.

(Reporting by Kanishka Singh in Bengaluru; Editing by Toby Chopra)

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