US and China could finally have a tier agreement

American and China reached the “frame” to achieve the share of Scott Bessent on Monday, said that the secretaries of the Ministry of Finance Scott Besent said during trade talks on Monday. As he mentioned ReutersBessent that was confirmed “The framework is to move to owners of the hearts controlled the US.” He said Trump would confirm the contract with Chinese President Xi Jinping on Friday – two days after the last deadline for sales or prohibition applications.

The preliminary agreement comes after months of rocky negotiations between tiktok and Trump administration. The application faced a ban in January but President Donald Trump Approved tiktok extension In order to sell the sale of sale of its business in the United States, as it requires protective Americans from the action application that are controlled with external attractive applications. Trump approved tiktok two more extensions thereaftergiving it until 17. September to reach an agreement. It is unknown whether it will formally extend the deadline or consider this announcement enough to count as disinvestment; It is also unclear whether the contract will meet the requirements set out in the law.

Besesent told reporters that the United States and China are “very close” to reach an agreement, but that China had some “very aggressive pie” ” to The New York Times. (The parties were close to the agreement this year as well, but it broke the gratitude Trump’s trading war.) In July, reports from Info and Reuters propose That Oracle and several other investors, including the international groups of Suskuehan Chorowitz, would give an offer for tiktok, while her home company owned in China, received a minority stake. Tiktok allegedly works on a new version of an application with algorithm trained only on US user data.

At the PostUs of Truth Social, Trump said that the meeting of China and the USA “very good”, added that “agreement has also agreed on” a certain “company that young people in our country really wanted to save”