US officials say: National

A frame deal was reached between China And the United States to ownership of the popular social video platform TikhakUS Treasury Secretary Scott Besent said after the end of the week’s commercial talks in Spain.

Pesin told a press conference after the last round of commercial talks between the best economy in the world in Madrid that US President Donald Trump and the eleventh Chinese Prime Minister Jinping will speak on Friday to end the deal. He said that the goal of the deal is to turn into the ownership of the United States.

“We will not talk about the commercial conditions of the deal,” said Pesin. “It is between two private parties. But the trade conditions were agreed upon.”

Lee Chenggang, the international representative of trading in China, said that the two sides have come to a “basic framework” consensus to solve TIKTOK issues correctly in a cooperative manner, reduce investment barriers and promote relevant economic and trade cooperation, according to the official news agency of China.

He told me that the two sides had “explicit and in -depth” discussions about Tijook and the issues of interest in China.

The meeting in Madrid is the fourth round of commercial talks between us and Chinese officials since Trump launched a tariff war on Chinese goods in April. Pesint said it is possible that the fifth round of negotiations “in the coming weeks” will occur, as each of the two governments plans to obtain a possible summit between Trump and 12 later this year or early next year to unify a trade agreement.

However, nothing has been confirmed, and analysts say possible commercial bumps may delay the visit.

Chinese officials did not speak immediately to the media in the wake of the Madrid talks, but Chinese Deputy Prime Minister is Lifeng, who led the Chinese delegation, was seen smiling when he left the place.

During the presidency of Joe Biden Democratic, Congress and the White House used reasons for national security to agree to an American ban on Tijk unless her mother company, Bitaynes, did not sell her dominant share.

Trump, a Republican, has expanded the deadline again and again to close Tiktok, although the law allows for a period of 90 days only, and only if there is a deal on the table and an official notification of Congress.

The current extension ends on Wednesday, two days before TROMP and XI scheduling to discuss the final details of the framework. Although Trump did not address the next deadline directly, he claimed that he could delay the ban indefinitely.

Tiktok is one of more than 100 applications developed in the past decade by Bytedance, a technology company established in 2012 by Chinese businessman Zhang Yiming based in the northwestern Heidian region of Beijing.

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In 2016, Bytedance launched a short video platform called Douyin in China and followed an international version called Tiktok. Then she bought Musical.ly, a simultaneous platform for adolescents in the United States and Europe, and merged with Tiktok while keeping the application separately from Douyin.

Soon after, the application has flourished in the United States and many other countries, becoming the first Chinese platform to pronounce with serious French women in the West. Unlike other social media platforms that focused on the transplantation of communications between users, Tiktok designed content designed on people’s interests.

The ridiculous videos and music clips that were often released Tiktok are gave a sunny corner image from the Internet where users can find fun and feel originality. Finding an audience on the platform helped launch music artists’ jobs such as Lil Nas X.

Tiktok gained more traction while turning off the Covid-19s, when the short dances that have become a viral pillar became the basic pillar of the application. To better compete, Instagram and YouTube finally came out with their own tools for making short -shaped video clips, respectively, in the name of rollers and short pants. By this point, Tiktok was a goodwill success.

The challenges came along with the success of Tiktok. American officials expressed their concerns about the company’s roots and ownership, referring to the laws in China that require Chinese companies to deliver the data requested by the government. There is another concern for the royal algorithm that fills what users see on the application.

I mentioned Bawak from Washington. The Associated Press Didi Tang and Mark Shermann in Washington contributed to this report.

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