You Won’t Believe Who Just Cheered Iran’s Islamic Revolution
OpenAI Fires Executive Who Warned About 'Adult Mode'
In Defense of Female Inmates
Canada's MAiD Program Is About to Get Even More Horrifying
Backlash Grows Over the University of Notre Dame's Appointment of Pro-Abortion Professor
Missouri Bill Seeks to Protect Gun Owner Privacy
Megyn Kelly’s Moral Blind Spot: Refusing to Condemn Candace Owens
Democrat Ohio Senate Hopeful Sherrod Brown Supports an AG Candidate Who Vowed to...
California Campaign Adviser Sentenced to 48 Months in PRC Agent Case
19 New York City Residents Reportedly Freeze to Death After Mamdani Changes Homeless...
Colorado Woman Allegedly Billed $400K to Medicaid for Family’s Phantom Medical Rides
Philadelphia Men Allegedly Used ChatGPT to Scam Minnesota Out of $3.5M
Queens Duo Charged in Alleged Decade-Long $120 Million Medicare Scam
White House Blasts Washington Post Over ‘Breaking’ Story Trump Announced Last Year
‘Customer Has Spoken’: Ford Motor Company Faces $11 Billion Hit on EV Investments
Tipsheet

Trump, Bessent Tease Big Announcement About TikTok Deal

AP Photo/Kiichiro Sato, File

President Trump on Monday suggested a potential TikTok deal had been reached that would make young people “very happy!”

"The big Trade Meeting in Europe between The United States of America, and China,  has gone VERY WELL!" he wrote on Truth Social. "It will be concluding shortly. A deal was also reached on a 'certain' company that young people in our Country very much wanted to save. They will be very happy! I will be speaking to President Xi on Friday. The relationship remains a very strong one!!!"

Advertisement

Elaborating further, Treasury Secretary Scott Bessent said a "framework" for a TikTok deal is in place and it should be completed during Friday’s meeting between Trump and President Xi Jinping. 

“It’s between two private parties, but the commercial terms have been agreed upon,” he said, reports CNBC.

Bessent indicated that the framework could pivot the platform to a U.S.-controlled ownership.

The comments came during the latest round of trade discussions between the U.S. and China. Relations have soured between the two countries in recent months from Trump’s tariffs and other trade restrictions.

At the same time, the U.S. faces a Sept. 17 deadline to either divest TikTok’s U.S. business or shut down the social media app in the country.

Congress passed a law last year prohibiting app store operators like Apple and Google from distributing TikTok in the U.S. due to its “foreign adversary-controlled application” status.

But Trump postponed the shutdown in January, signing an executive order in January that gave ByteDance 75 more days to make a deal. Further extensions came by way of executive orders in April and in June. (CNBC)

Advertisement

Related:

TIKTOK

Editor's Note: President Trump is leading America into the "Golden Age" as Democrats try desperately to stop it.  

Help us continue to report on President Trump's successes. Join Townhall VIP and use promo code FIGHT to get 60% off your membership.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos