US and China Near Final TikTok Deal, Announcements Expected This Week
TL;DR
Treasury Secretary Scott Bessent announced that the finalized TikTok deal, which involves a U.S.-based joint venture with American investors and a majority of U.S. ownership, is set to be signed by President Trump and Chinese President Xi Jinping on Thursday during the Asia Pacific Economic Cooperation summit in South Korea, following a law requiring TikTok's parent company to divest its Chinese ownership.
- TikTok deal to be finalized Thursday, Treasury Secretary Scott Bessent says CBS News
- Trump and Xi Could ‘Consummate’ TikTok Deal This Week, Bessent Says The New York Times
- US and China reach ‘final deal’ on TikTok sale, treasury secretary says The Guardian
- Trump Sycophant Describes Deal With Xi in Weird Sexual Terms The Daily Beast
- Bessent Says TikTok Deal Finalized, Trump and Xi to Announce This Week Newsweek
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