The breakthrough follows a September 19 call between US President Donald Trump and Chinese President Xi Jinping, during which the TikTok issue reportedly featured prominently. US TikTok users by age, according to company data:18–24: 25%25–34: 30%35–44: 19%45–54: 13%55+: 14%Globally, TikTok has 1.12 billion monthly active users and a potential ad reach approaching 1.94 billion people, making it one of the world’s most powerful social media platforms. Some Chinese commentators acknowledged that the US will benefit from the acquisition, but insisted that does not mean China has lost in the negotiations. “When all people thought that the two sides would not make a deal over the TikTok issue, they were then surprised to know that the talks were not only about TikTok but also about tariffs, which are another big issue for both sides to discuss,” the writer says. On August 11, Trump signed an executive order extending the deadline for higher tariffs on China until November 10.