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The "framework" deal with China is "between two private parties, but the commercial terms have been agreed upon," CNBC quoted Bessent as saying on the sidelines of a meeting between the two countries in Madrid on Monday.
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TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to…

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The U.S. and China have a 'framework' deal for social media platform TikTok in place, Treasury Secretary Scott Bessent said…

TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to…

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U.S. and China Reach ‘Framework’ for a TikTok Sale