Bessent: TikTok deal ‘framework’ reached with China,
Bessent: TikTok deal ‘framework’ reached with China, Trump and Xi will finalize it Friday
- The U.S. and China have reached a “framework” deal for TikTok, said Treasury Secretary Scott Bessent from discussions in Madrid.
- The Trump administration issued a Sept. 17 deadline for ByteDance to either divest TikTok’s U.S. business or have it potentially shut down.
- President Donald Trump and Chinese President Xi Jinping will meet Friday to discuss the terms.