US Treasury Secretary Bessent Says Framework of Deal on TikTok Reached
The U.S. flag and the TikTok logo seen through broken glass are seen in this illustration taken January 16, 2025. (Reuters File)
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MADRID — U.S. Treasury Secretary Scott Bessent said on Monday that a framework for a deal on TikTok had been reached in trade talks with the Chinese in Madrid, that would pave the way for a switch to US ownership.
Bessent said further details would wait to be determined in a meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping when they speak on Friday.
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(Reporting by David Lawder, Pietro Lombardi, Writing by Inti Landauro)
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