A general view of the offices of TikTok, as the site faces an April 5 deadline to reach a deal to find a non-Chinese buyer under threat of being banned from the United States, in Culver City, California, U.S., April 2, 2025. REUTERS/Daniel Cole
MADRID (Reuters) -U.S. Treasury Secretary Scott Bessent said on Monday that a framework for a deal on TikTok had been reached in trade talks with the Chinese in Madrid, that would pave the way for a switch to US ownership.
Bessent said further details would wait to be determined in a meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping when they speak on Friday.
