Trump hints TikTok ownership deal reached amid U.S
U.S. President Donald Trump has hinted that a deal has been reached with China to resolve concerns over TikTok’s ownership.
Treasury Secretary Scott Bessent confirmed a “framework” agreement was made during recent trade talks in Madrid that would pave the way for TikTok to continue operating in the U.S.
The plan involves a shift in ownership such that U.S. interests would gain greater oversight, especially over user data and content security.
Chinese trade officials say both sides have agreed on “basic framework consensus” and plan to work toward a final deal between Trump and Chinese Premier Xi Jinping.
Still, many specifics including the financial terms, who owns what, and how algorithms and data will be handled remain unclear.
The TikTok deal is part of broader U.S.-China trade negotiations that also cover tariffs, export controls, and regulatory concerns.
Multiple sources confirm there is strong optimism, but also caution that outlines must be legally approved before enforcement or divestiture takes effect.
