China had fundamental misunderstanding of our position on TikTok, says US official

• Chinese delegation came into talks with fundamental misunderstanding of US position on TikTok
• Many technical aspects of divestiture of TikTok assets have been worked out
• But Chinese officials have attached demands on US tariffs, technology restrictions
• US side is willing to let TikTok ban take place if framework deal cannot be reached

For now at least, both sides will have until early November to keep working on this. And no matter the “misunderstanding” or “difference in opinion” over all related matters, I doubt either side would be interested to resume back another trade/tariffs war. So, all they can do is pretend to play nice still while kicking the can down the road.

This article was written by Justin Low at investinglive.com.