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President Donald Trump stated that the United States is "pretty close to a deal" with China to keep TikTok operational in the country, with plans to finalize the agreement during a conversation with Chinese President Xi Jinping. "I specifically get the right to approve it," Trump said. "The people that are investing it are among the greatest investors in the world — the biggest, the richest — and they'll do a great job, and we're doing it in conjunction with China. But we are getting, the United States is getting a tremendous fee plus, I call it a 'fee plus,' for just making the deal, and I don't want to throw that out the window."The president did not elaborate on what the "tremendous fee" might entail. Earlier this week, Trump delayed a ban on the social media app after the White House indicated that a framework for a deal is in place to "save" TikTok in the U.S. A bipartisan group of lawmakers had previously passed a law to ban the app if its parent company, ByteDance, did not sell its majority stake due to concerns about its ties to the Chinese government. FBI officials have warned that TikTok poses national security risks, a claim the company disputes. The app is already banned on U.S. government devices.Under the law, TikTok was initially scheduled to be banned at the beginning of the year; however, Trump signed executive orders delaying the ban. Additionally, the U.S. and U.K. announced a historic tech pact centered on AI, quantum computing, and energy, with U.S. companies pledging over $200 billion in investment, including Microsoft's plan to build Britain's largest supercomputer.