Tue, 16 Sep 2025

Tue, 16 Sep 2025 US says 'framework' for TikTok ownership deal agreed with China

The deal will pave the way to US ownership of the social media platform's American operations, according to the US treasury secretary.

* A "framework" deal has been reached between the US and China on TikTok's US operations, paving the way for American ownership.
* The framework was set during talks in Madrid and will be finalized by President Donald Trump and Chinese leader Xi Jinping on Friday.
* The agreement comes as part of broader trade negotiations between the two countries.
* The deal would protect US national security interests and enable TikTok to continue operating in the US.
* China's top trade negotiator has said that Beijing will not reach a deal at the expense of its own principles.
* Details of the deal are still sparse, but it is expected to address concerns over data storage and security.
* The ownership of TikTok has been a major sticking point in US-China trade talks, with Washington seeking to ensure that US national security interests are protected.
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