LeadStory

Has a TikTok deal been reached?

Asked 15 hours ago

Answer

A TikTok deal is close to finalization, with both US and Chinese officials confirming approval and ongoing cooperation. The agreement is expected to transfer TikTok's US operations to new ownership, limit Chinese access to American data, and address data security. Final signatures and details are anticipated within days, following high-level meetings between President Trump and President Xi Jinping.

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CBS News

Treasury Secretary Bessent says China approved TikTok transfer deal

CBS News ยท Recent
CBS News
CBS News
Recent
  • President Trump met with Chinese President Xi Jinping to discuss trade and tariffs. 6s
  • The US agreed to reduce tariffs on Chinese goods, and China agreed to purchase more US soybeans. 49s
  • China also agreed not to impose export controls on refined critical minerals. 1m 51s
  • US Treasury Secretary Scott Bessent announced that China approved a TikTok transfer deal. 2m 19s
  • A final agreement on TikTok's US operations is expected soon, with both governments cooperating. 3m 8s
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References

Treasury Secretary Bessent says China approved TikTok transfer deal
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CBS News
15 hours ago
Treasury Secretary Bessent says China approved TikTok transfer deal

US Treasury Secretary Scott Bessent said China approved a TikTok transfer deal. A final agreement is expected in the coming days, with both governments cooperating on the matter.

What to expect from Trump's meeting with Xi
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CBS News
3 days ago
What to expect from Trump's meeting with Xi

The framework agreement includes a deal on TikTok as part of broader trade negotiations, signaling progress on the issue.

Trump administration says TikTok deal is set to be finalized Thursday
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Scripps News
3 days ago
Trump administration says TikTok deal is set to be finalized Thursday

President Trump says they may sign a final deal on TikTok this week, following discussions with Chinese President Xi Jinping. The deal is expected to address data security, give American investors control of TikTok's algorithm, and ensure data is stored in the US.

Trump lands in Japan with U.S.-China deal in sight
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CBS News
4 days ago
Trump lands in Japan with U.S.-China deal in sight

Treasury Secretary Scott Besant said he got Chinese sign off on a deal to transfer the US operations of TikTok to new owners so China doesn't have as much access to Americans' data.

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