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The US and China have finalized a deal to transfer the American version of TikTok to new owners, Treasury Secretary Scott Bessent revealed on Sunday.
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‘TikTok USA’ Deal with China Expected to be Signed Thursday—According to US Treasury Secretary Scott Bessent
The TikTok USA deal that was first announced in September appears to be ready to cross the finish line, according to U.S. Treasury Secretary Scott Bessent. Bessent spoke with Margaret Brennan on ‘Face the Nation’ about the deal.
U.S. Treasury Secretary Scott Bessent confirmed on Sunday that the U.S. and China had reached a deal on TikTok.
President Donald Trump and Chinese President Xi Jinping could "consummate" the TikTok deal announced last month when they meet on Thursday, Treasury Secretary Scott Bessent said.
U.S. President Donald Trump said the U.S. and China are set to "come away with" a trade deal, as he is expected to meet Chinese President Xi Jinping later this week in South Korea during his Asia tour.
Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology and business in the U.S., as well as the emergence of ...
President Donald Trump’s tariffs announcement this week prompted China to back out of a potential deal to save TikTok. The Trump administration was close to finalizing a deal for U.S. investors to own and operate the wildly popular app, but now the deal ...
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