US, China reach framework deal on TikTok’s future as ban looms

The United States and China have reached a preliminary agreement that could reshape TikTok’s ownership structure, ensuring the popular video-sharing app continues operating for millions of American users. U.S. Treasury Secretary Scott Bessent announced the deal on Monday following trade talks with China in Madrid. The framework centers on transitioning TikTok to U.S.-controlled ownership — … Continue reading US, China reach framework deal on TikTok’s future as ban looms