U.S. Treasury Secretary Confirms Preliminary TikTok Deal with China
U.S. Treasury Secretary Confirms Preliminary TikTok Deal with China
LN24 / 12 minutes
September 15, 2025
1 min read
U.S. Treasury Secretary Scott Bessent announced on Monday that after several days of intense trade discussions with China in Madrid, a basic agreement regarding TikTok has been reached.
This framework could lead to the app transitioning to U.S. ownership.
Further details are expected to be finalised during a meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping scheduled for Friday.
