INTRO: US and Chinese officials said on Monday they have reached a framework agreement to switch TikTok to US-controlled ownership, that is set to be confirmed in a Friday call between US President Donald Trump and Chinese President Xi Jinping.
The potential deal came after a second day of talks led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He (PRONO: HUH) Lifeng in Madrid, which also includes discussions about the wider US-China trade dispute. Laura Westbrook has more.
The potential deal came after a second day of talks led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He (PRONO: HUH) Lifeng in Madrid, which also includes discussions about the wider US-China trade dispute. Laura Westbrook has more.