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U.S. and China reach framework deal on TikTok ownership amid wider trade talks

U.S. and China reach framework deal on TikTok ownership amid wider trade talks

A framework deal has been struck between the United States and China over TikTok’s future, U.S. Treasury Secretary Scott Bessent confirmed after weekend trade talks in Spain. The deal, designed to transfer ownership of the video-sharing app from its Chinese parent ByteDance to an American entity, could be finalized when President Donald Trump and Premier…

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