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.

Trump says talks in Madrid went ‘VERY WELL’, with a potential deal on TikTok, but Beijing’s antitrust action against Nvidia injects a sour note.

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…