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Home Business & Economy

US, China reach framework deal on TikTok

Spluk.ph by Spluk.ph
September 21, 2025
in Business & Economy
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US, China reach framework deal on TikTok
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America and China have reached a framework deal for the possession of TikTok, following the newest spherical of commerce talks held in Madrid. It is unclear what the ultimate deal will appear to be, however US Treasury Secretary Scott Bessent says it includes switching the app to US-controlled possession. The deal is ready to be finalised by Presidents Donald Trump and Xi Jinping on Friday. This comes on the identical day that China accused US chip large Nvidia of violating the nation’s antimonopoly legal guidelines. 



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