Trump implies that TikTok deal has been reached with China, will speak to Xi Friday
- President Trump suggested a deal on TikTok has been reached with China, ahead of a September 17 deadline for divestment or shutdown of the app.
- U.S. Treasury Secretary Scott Bessent confirmed that a framework agreement for U.S. ownership of TikTok was reached during trade talks in Spain.
- Concerns about TikTok's Chinese origins and data privacy issues prompted Congress to approve a U.S. ban unless ByteDance sells its controlling stake.
- Despite the framework deal, several issues regarding TikTok remain unresolved, with a potential U.S. ban looming if an agreement is not finalized soon.
223 Articles
223 Articles
US says ‘framework’ deal for transfer of TikTok ownership agreed with China
The United States on Monday announced a “framework” deal with China to resolve a longstanding dispute over TikTok that would transfer the Chinese-owned app to US-controlled ownership. US President Donald Trump and his Chinese counterpart Xi Jinping are expected to confirm the deal in a call on Friday.
A tentative agreement has been reached on the ownership of the popular social platform TikTok, US Treasury Secretary Scott Bessant said today.
TikTok deal may be done: Trump to meet China's Xi Jinping
The White House has announced that there is a plan to sell TikTok's US division and keep it operational in the country, though final details are yet to be resolved.The threat of a TikTok ban may finally be overThe TikTok saga and whether it will or won't be banned in the US, may shortly be concluding, according to US Treasury Secretary Scott Bessent. As first reported by CNN, Bessent has announced that a deal has been has been reached."We have a…
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