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> Media PoolA framework deal on TikTok has been reached between the US and China
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A framework deal has been reached between China and the U.S. for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade talks in Spain.
Bessent said in a press conference after the latest round of trade talks between the world's top two economies concluded in Madrid that U.S. President Donald Trump and Chinese Premier Xi Jinping would speak Friday to possibly finalize the deal. He said the objective of the deal would be to switch to U.S. ownership.
MORE: https://www.wthr.com/article/news/nation-world/trump-deal-over-tiktok-future/507-9df62835-7bf4-42ea-8eb8-c107ae87d6a0
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WTHR
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