China, Trump and TikTok
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TikTok, China and Scott Bessent
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"All the details are ironed out, and that will be for the two leaders to consummate that transaction on Thursday in Korea," said US Treasury Secretary Scott Bessent.
The two leaders are set to meet for their first meeting of Trump's second term. Officials are optimistic on a "framework" for a climbdown in trade tensions. Expect TikTok and Taiwan to also feature in the talk.
Well, according to U.S. Treasury Secretary Scott Bessent, it’s still all good, and TikTok will be sold into U.S. ownership well ahead of the latest extended deadline for the enforcement of the Senate-approved Protecting Americans from Foreign Adversary Controlled Applications Act.