U.S. and China Reach TikTok Deal Ahead of Xi-Trump Call
TL;DR Summary
The US and China have reached a framework agreement to address TikTok's ownership and national security concerns, with plans for an American company to acquire TikTok, but they have postponed discussions on tariffs, export controls, and other strategic issues, indicating a cautious progress in their broader trade negotiations.
- U.S. and China Reach a TikTok Deal, Pending Xi-Trump Call on Friday Barron's
- A TikTok deal has finally been reached with China, the Trump administration says CNN
- China says TikTok’s US app will use Chinese algorithm Financial Times
- Oracle among firms to enable TikTok to continue US operations, CBS News reports Reuters
- Bessent Says Trump’s Threat of TikTok Shutdown Delivered Deal Bloomberg.com
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