Donald Trump has signalled that Washington and Beijing have reached a breakthrough on the future of TikTok’s US operations. While nothing has quite been officially announced, Trump has hinted that the long-running standoff over the Chinese-owned social media app is close to being resolved. Posting on Truth Social on Monday, shortly before the close of... Read More

Two years after the US congress threatened to ban the Chinese-owned social media platform TikTok, Washington and Beijing say they have agreed a deal.

Any agreement could require approval by the Republican-controlled Congress, which passed a law in 2024 requiring ByteDance to divest TikTok or face a ban in the US.

A framework deal has been reached between China and the U.S. for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade talks in Spain. Bessent said in a press conference after the latest round of trade talks between the world's two largest…

Treasury Secretary Scott Bessent announced that the U.S. and China have reached a tentative "framework" agreement on TikTok's U.S. operations, with Presidents Trump and Xi set to finalize details Friday. "It's between two private parties, but the commercial terms have been agreed upon," he said. The...