The Trump administration has been signaling that it may have finally reached a deal with China to keep TikTok running in the U.S., with the two countries finalizing it as soon as Thursday.

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.

U.S. President Donald Trump launched a whirlwind weeklong trip to Asia aimed at strengthening his position ahead of an expected meeting with Xi Jinping.