TikTok’s U.S. future rests on Trump–Xi meeting this week
via cnbc.com
Short excerpt below. Read at the original source.
Treasury Secretary Scott Bessent said Monday that Washington and Beijing have reached a “framework” agreement over TikTok’s future, potentially clearing the way for U.S.-controlled ownership of the app. “It’s between two private parties, but the commercial terms have been agreed upon,” Bessent said during U.S.-China trade talks in Madrid. Presidents Donald Trump and Xi Jinping […]