Trump and Xi will consummate TikTok deal on Thursday, Treasury Secretary confirms final agreement.
Matilda
Trump, Xi to Seal TikTok Deal Thursday
Trump and Xi Will ‘Consummate’ TikTok Deal on Thursday, Treasury Secretary Says The long-awaited TikTok agreement is finally happening. Trump and Xi will ‘consummate’ TikTok deal on Thursday, Treasury Secretary Scott Bessent confirmed , marking a major milestone in U.S.-China tech relations. Image Credits:Jaap Arriens/NurPhoto / Getty Images Bessent revealed that both nations have finalized a framework that’s been in the works since discussions in Madrid. President Donald Trump had previously signed an executive order setting the stage for the transaction. Final Agreement Reached Between U.S. and China In his Sunday appearance on CBS’ Face the Nation , Bessent said the U.S. and China have reached “a final deal on TikTok.” “We reached one in Madrid, and I believe that as of today, all the details are ironed out. That will be for the two leaders to consummate that transaction on Thursday in Korea,” he stated. He declined to provide more details but emphasized his role was to secure China’s appro…
