US says framework for deal on future of TikTok ownership agreed with China

The US treasury secretary has stated Washington has reached a “framework” cope with China on the possession of TikTok’s American operations.Scott Bessent stated the framework was set in commerce talks in Madrid to pave the best way for US possession. He added that US President Donald Trump and Chinese language President Xi Jinping would “full” the deal on Friday. China has not commented.Trump stated on Fact Social that talks in Madrid had “gone very properly”, with a deal reached “on a sure firm that younger individuals in our nation very a lot needed to save lots of”. A deadline is looming for the Chinese language proprietor of TikTok to discover a purchaser for its American operations or face a ban within the US.