00:00It was great. I had a great call with President Xi, and as you know, he approved the TikTok deal, and we're in the process.
00:11We have some great investors, big, some of the biggest in the world, American investors, great people, and we look forward to getting that deal closed.
00:22Is it fully approved the Chinese statements didn't necessarily get that?
00:25Well, I think so. When you say fully approved, I don't know what that means. We have to get it signed. I guess there could be a formality.
00:33I found his word to be very good. President Xi and I had a long talk. We talked for almost two hours and started at 8 o'clock in the morning, and I think it was a very good talk.
00:45We talked about trade. We talked about war. We talked about a lot of things. We talked about Russia, Ukraine, obviously, and Gaza.
00:53We talked about a lot of subjects. It was a long call. It was a good call. We have a very good relationship, but the TikTok deal is well in its way, as you know, and the investors are getting ready.
01:09And I think China wanted to see it stay open, too. They wanted to see it, and I can tell you the young people in our country wanted to see it stay open very badly.
01:17And with this deal today, are you confident that the CCP won't be exerting control over TikTok?
01:21Yeah, we're going to have a very, very tight control. And look, it's an amazing thing that's been created. There's tremendous value with TikTok.
01:31And I'm a little prejudiced because I, frankly, did so well on it. You know, it's on your head, misappointed.
01:38You're working to get a fee for that deal. What is that fee?
01:40Well, it hasn't been fully negotiated, but we'll get something from the standpoint that we worked hard.
01:47We put up a lot. We spent a lot of money on letting this come and letting this, you know, it's a very, very big deal.
01:56It's a very powerful deal. And the United States really, I see it.
02:03I mean, people were saying, save TikTok, save TikTok. So many people. It's a big thing.
02:08And, you know, China can be very proud that they were able to get that started.
02:12And so I very much appreciate President Xi's working with us on that very much.
02:16We'll see you next time.
02:46We'll see you next time.
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