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Bessent Announces ‘Framework’ for TikTok Deal Between U.S. and China
Treasury Secretary Scott Bessent said U.S. and Chinese officials agreed to an outline of a deal that would move TikTok’s ownership from China to the U.S. President Xi Jinping of China and President Trump are expected to speak on Friday to agree to the deal.
We have a framework for a TikTok deal. The two leaders, President Trump and party chair, Xi will speak on Friday to complete the deal. But we do have a framework for a deal with TikTok.
