CNBC reported that the United States has reached a “framework” agreement with China for social media platform Tiktok, citing Treasury Secretary Scott Bessent.
“This is between two private parties, but the commercial terms have been agreed upon,” CNBC quoted Bessent as saying.
The news came an hour after President Donald Trump hint In his social media platform truth, a deal for short video apps has been reached.
“It’s also a company that has reached a “someone” with a “confirm” company that is desperate to save,” Trump said in the Post.
Trump’s position was a few days ago The fourth Tiktok ban deadline on September 17with delegations from both countries meeting in Madrid today to discuss economic policy. In June, the president said he found A group of tiktok buyers.
Earlier Monday Reuters The report said the United States is ready to ban social media apps if China does not withdraw its tariffs on its technology and easing restrictions.
Tiktok bans in the United States On January 19, after federal law signed by former President Joe Biden takes effect. But Trump signed Various Executive Order As he took office to keep the app working in the country.
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