US, China reach ‘framework’ deal for TikTok

The US has reached a “framework” deal with China for social media platform Tikok, CNBC described Treasury Secretary Scott Besant.

“It is between two private parties, but agreed on commercial terms,” ​​CNBC on Monday said at the occasion of a meeting between the two countries in Madrid.

This news comes only one hour after US President Donald Trump Indicated His social media platform Truth had reached a deal for the short-video app on social.

“A deal had also reached a” fixed “company, which wanted to save a lot,” Trump said, “The youth of our country wanted to save a lot,” saying that he would talk to Chinese President Xi Jinping on Friday.

Trump’s post comes a few days ago Fourth Tiktok ban deadline on 17 SeptemberAs the delegation of the two countries discussed the economic policy in Madrid today. In June, the President indicated that he found A group of buyers for tiktok,

Earlier on Monday, Roots Told that the US was ready to ban the social media app if China did not withdraw its demands to loosen the limits around tariffs and to loosen the boundaries around its technology.

America banned Tiktok After January 19, former President who came into force after a federal law signed by BidenHowever, Trump has signed Multiple Executive order Since he took over for the app to work in the country.