WASHINGTON (WDNews) – U.S. Treasury Secretary Scott Bessent said September 15 that the United States has reached a framework for a deal involving TikTok, with final details expected to be completed in upcoming talks between President Donald Trump and Chinese Party Chair Xi.
“We have a framework for a TikTok deal. President Trump and Party Chair Xi will speak on Friday to complete the agreement, but the framework is in place,” Bessent said. “We’re not talking about the commercial terms — that’s between the private parties involved — but those terms have already been agreed upon.”
The deal is expected to address long-running concerns over TikTok’s ownership, data security and the fate of its algorithms. While the specifics of who will ultimately control the platform remain unclear, officials stressed that the agreement will determine whether TikTok becomes U.S.-owned or remains under a different structure.
Negotiations over TikTok have been closely watched in Washington and Beijing, with lawmakers and industry leaders waiting to see how the agreement will impact U.S. tech companies and millions of American users.
