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US, China reach framework deal on TikTok; Trump and Xi to speak on Friday
MADRID/WASHINGTON: US and Chinese officials said on Monday they have reached a framework agreement to switch short-video app TikTok to US-controlled ownership that will be confirmed in a Friday call between US President Donald Trump and Chinese President Xi Jinping. The potential deal on the popular social media app, which counts 170 million US users, was a rare breakthrough in the months-long talks between the world’s No. 1 and No. 2 economies that have sought to defuse a wide-ranging trade war that has unnerved global markets.
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scmp.com
China, US reach ‘framework’ on TikTok; Xi and Trump to speak on Friday
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.
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techcrunch.com
US, China reach 'framework' deal for TikTok | TechCrunch
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…
