September 16, 2025 | 08:52 am
TEMPO.CO, Jakarta - The United States (US) and China have reached a framework deal regarding TikTok, Treasury Secretary Scott Bessent said Monday.
The agreement would allow the short-video sharing platform to continue operating in the United States.
"The framework is for a switch to US-controlled ownership," Bessent told reporters in Madrid, following days of talks.
He said US President Donald Trump and Chinese President Xi Jinping were scheduled to speak on Friday to "complete" the agreement.
China's Vice Minister of Commerce Li Chenggang confirmed the framework deal.
"The two sides reached a basic framework consensus on resolving issues related to TikTok through cooperation, reducing investment barriers and promoting relevant economic and trade cooperation," Li was quoted as saying by Chinese state news agency Xinhua.
"China will firmly safeguard the national interests, the legitimate rights and interests of Chinese enterprises," he added.
The video platform is immensely popular among young people across the world, including in the US.
The TikTok countdown deadline
The US Congress last year threatened a ban on TikTok unless its Chinese parent company, ByteDance, sold its controlling stake.
Lawmakers were concerned about how the company handles US-based user data amid open questions regarding Chinese government influence.
Trump has repeatedly extended the deadline for shutting down the popular app since returning to office in January.
In mid-June, he extended the deadline by 90 days, moving it to September 17, to allow time to find a non-Chinese buyer or face a ban in the United States.
Editor's Choice: Police Arrest TikTok User for Inciting Looting at DPR Members' Residences
Click here to get the latest news updates from Tempo on Google News
Trump Deploys National Guard to Memphis, Vows Chicago Next
1 jam lalu
Donald Trump claims crime is out of control in Memphis. Critics argue National Guard deployment is another example of US president's authoritarianism.
FAA Proposes $3.1 Million Fine for Boeing's Safety Violations
2 jam lalu
The fine is imposed by The Federal Aviation Administration (FAA) for safety violations committed by Boeing from September 2023 to February 2024.
JD Vance to Host First Episode of 'The Charlie Kirk Show' After Host's Death
20 jam lalu
Vice President of the United States JD Vance is set to pay tribute to Charlie Kirk by stepping in to host his friend's show.
NASA Bans Chinese Nationals Amid Rising "Space Race" Tensions
2 hari lalu
The official ban on Chinese nationals' involvement in all space programs by NASA has caused disruptions in ongoing projects and collaborations.
Donald Trump Says His Patience with Russia's Putin is "Running Out Fast"
2 hari lalu
Donald Trump admits to being impatient to face Putin and wants to impose stricter sanctions.
US, Saudi Arabia, UAE and Egypt Call for Sudan Truce
2 hari lalu
The US, Saudi Arabia, the United Arab Emirates and Egypt have proposed a roadmap for peace in conflict-battered Sudan.
Utah Governor Confirms Arrest of Charlie Kirk Murder Suspect
3 hari lalu
Utah Governor Chris Cox confirmed that authorities have arrested the suspect in the murder of right-wing American agitator Charlie Kirk.
Trump Awards Charlie Kirk the Presidential Medal of Freedom: Here's What It Is
3 hari lalu
The Presidential Medal of Freedom, awarded by President Donald Trump to Charlie Kirk, is the highest civilian award in the United States.
Trump Says Charlie Kirk's Alleged Killer Taken into Custody
3 hari lalu
The suspect in the shooting of Charlie Kirk is a 22-year-old man from Utah named Tyler Robinson.
UN Security Council Unanimously Condemns Israel's Attack on Qatar
3 hari lalu
UN Security Council unanimously condemns Israel's attack on Qatar, including the US which has been protecting Tel Aviv
