China, TikTok and Trade Representative
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Treasury Secretary Scott Bessent announced on Sunday that the Chinese government has agreed to a deal to sell TikTok to new ownership. “We reached a final deal on TikTok. We reached one in Madrid, and I believe that as of today,
The US and China have finalized a deal to transfer the American version of TikTok to new owners, Treasury Secretary Scott Bessent revealed on Sunday.
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.
Treasury Secretary Scott Bessent said Sunday on CBS News' Face the Nation that China and the United States “ironed out” the details of the TikTok deal, and that an official announcement is expected when the two leaders meet on Thursday. Newsweek has filled out an online press form to contact TikTok for comment on Sunday.
When President Trump meets with Chinese President Xi Jinping later Wednesday, he will be extending a hand to a leader that Washington and national security experts have identified as the biggest
Treasury Secretary Scott Bessent said on “Face the Nation” on Sunday that China and the United States had reached “a final deal on TikTok,” but offered few details.
"All the details are ironed out, and that will be for the two leaders to consummate that transaction on Thursday in Korea," said US Treasury Secretary Scott Bessent.
JFNA CEO Eric Fingerhut cited TikTok’s new owners’ ties to the Jewish community as an an encouraging sign The TikTok logo is displayed on signage outside TikTok social media app company offices in Culver City,
U.S. Treasury Secretary Scott Bessent announced that the U.S. and China have finalized a deal transferring TikTok’s U.S. operations to American investors, easing trade tensions.