U.S. and China Agree on TikTok Sale Framework

1 min read
Source: Axios
U.S. and China Agree on TikTok Sale Framework
Photo: Axios
TL;DR Summary

A framework deal is in place for TikTok's sale, with the U.S. guaranteeing that the app will retain certain 'Chinese characteristics,' which Beijing considers soft power, while emphasizing concerns over national security. The deal follows negotiations amid threats of a ban and discussions between U.S. and Chinese officials, with plans for President Trump to discuss the deal with Xi Jinping.

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