Trump and Bessent indicate that the U.S. and China are prepared to sell TikTok.

Trump and Bessent state that the U.S. and China have reached an agreement regarding the sale of TikTok.


President Donald Trump announced that the United States and China have come to an agreement regarding the sale of TikTok, which would result in a change of ownership for the widely used video application and prevent its ban across the country. Trump mentioned he would have a conversation with Chinese President Xi Jinping on Friday and noted that the arrangement concerning the app, which is currently owned by the Beijing-based tech company ByteDance, would be favorable for young people in the United States.