From Fox Business: The U.S. and China agreed on a framework deal to allow TikTok to keep operating in the U.S. amid trade negotiations as the social media app faced being shut down as early as Wednesday without action.
“The framework for a switch to a U.S.-controlled ownership,” Bessent told reporters in Madrid following two days of negotiations with the Chinese delegation.
President Donald Trump is planning to talk with Chinese President Xi Jinping on Friday to finalize the deal.
U.S. Trade Representative Jamieson Greer said that there may be a short extension of the Sept. 17 deadline, while Bessent added that “It would not have been extended without a framework.”
.@SecScottBessent: “We have a framework for a TikTok deal. The two leaders, @POTUS and Party Chair Xi, will speak on Friday to complete the deal.” pic.twitter.com/uzZ3O0SKO1
— Rapid Response 47 (@RapidResponse47) September 15, 2025
President Trump announced in a Truth Social post Monday morning, “The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly. A deal was also reached on a “certain” company that young people in our Country very much wanted to save. They will be very happy! I will be speaking to President Xi on Friday. The relationship remains a very strong one!!! President DJT.”
Bessent says US, China have ‘framework’ on TikTok deal; Trump, Xi to meet Friday to finalize https://t.co/rPsRZbCPZM
— FOX Business (@FoxBusiness) September 15, 2025
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