U.S. and China Reach TikTok Deal Ahead of Xi-Trump Call

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Source: Barron's
U.S. and China Reach TikTok Deal Ahead of Xi-Trump Call
Photo: Barron's
TL;DR

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.

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