Tiktok may finally occur

US Treasury Secretary Scott Pesin The United States and China have reached a framework deal on Tijk. Speaking to journalists in Madrid after two days of talks with his Chinese counterparts, Bessin said: “It is between two private parties, but it was agreed on commercial conditions.” President Trump said in a He will talk to Xi Jinping on Friday regarding the potential deal, among other things.

This penetration comes after the Trump administration extended a Tiktok ban for the third time earlier this summer, which gave the company until September 17 to sell or confront a ban in the United States. The growing short video content app has faced auditing on national security concerns due to the Chinese ownership of its mother company, bytedance.

President Trump released In August 2020, the application in the United States was banned unless it is eliminated from by atledance, though Emphasis. In 2024, the United States Conference was approved That was By the then President Biden. The Trump administration has been repeatedly delayed enforcing this law in the hope that an agreement to acquire the United States will be made, leaving the application online in the meantime.

As it seems to be a framework for how Tiktok undertakes a level of control of the United States, not the final deal. Companies from to She expressed interest in obtaining Tiktok, and the president is By saying it will be fine if it is a “very American company” to buy it. It is not clear whether the deadline will be paid on September 17 again, but the American trade representative, Jameson Jarir said on Monday that another delay may be needed in order to sign the deal.