The US Has Reached a 'Final' Deal on TikTok
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In the latest episode of As the TikTok Turns, it seems the long-running drama over the app's US future might finally be wrapping up. Treasury Secretary Scott Bessent says the United States and China have reached a final deal that would keep TikTok alive and scrolling on American phones, at least for now.
President Trump and Xi Jinping to finalise TikTok's US-China sale in Korea, ending months of trade tension and reshaping global tech relations.
"All the details are ironed out, and that will be for the two leaders to consummate that transaction on Thursday in Korea," said US Treasury Secretary Scott Bessent.
Treasury Secretary Scott Bessent announced on Sunday that the Chinese government has agreed to a deal to sell TikTok to new ownership. “We reached a final deal on TikTok. We reached one in Madrid, and I believe that as of today,
President Donald Trump and Chinese President Xi Jinping could "consummate" the TikTok deal announced last month when they meet on Thursday, Treasury Secretary Scott Bessent said.
Treasury Secretary Scott Bessent said the TikTok deal announced last month is set to be finalized on Thursday when President Trump meets with Chinese President Xi Jinping.
TikTok just took a blow in Virginia. A Richmond judge refused to toss Attorney General Jason Miyares’s lawsuit accusing the app of deceiving parents and hooking kids with addictive content. The ruling means the Commonwealth’s case against TikTok and its China-based parent company,
The world's two largest economies are looking to avert an escalation of their trade war after U.S. President Donald Trump threatened new 100% tariffs on Chinese goods and other tr