Officials announce a 'framework' for keeping TikTok online in the U.S.
Summary
U.S. officials have announced a basic outline for a deal with China to keep TikTok running in the United States. This development comes after extended discussions, with leaders from both countries expected to finalize the agreement soon.Key Facts
- U.S. officials announced a framework deal about TikTok with China.
- The announcement followed talks in Madrid involving U.S. and Chinese officials.
- Treasury Secretary Scott Bessent shared the news, saying Trump and China's President Xi would finalize the deal.
- Congress passed a law banning TikTok unless sold to a non-Chinese owner.
- TikTok's owner is a Chinese company named ByteDance.
- President Trump paused the ban several times, aiming for TikTok to be sold to an American buyer.
- TikTok is popular in the U.S., used by over half of the American population.
- The deal discussions are linked to broader trade talks, including topics like tariffs and technology.
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