US, China reach ‘framework’ deal for TikTok
In Brief The U.S. has reached a “framework” deal with China for social media platform TikTok, CNBC reported, citing Treasury Secretary Scott Bessent. “It’s between two private parties, but the commercial terms have been agreed upon,” CNBC quoted Bessent as saying on the sidelines of a meeting between the two countries in Madrid on Monday. The news comes barely an hour after U.S. President Donald Trump hinted on his social media platform Truth Social that a deal for the short-video app had bee