NYC Official Who Mocked Charlie Kirk's Death Is In Deep Trouble
You Won't Believe What Don Lemon Thinks of Those Upset About That Anti-ICE...
Anti-Gunner Hacks Use Martin Luther King Jr. to Push for Gun Control, but...
Bishop Barron's Bully Pulpit
Illinois’ Answer to Career Criminals: Seal Their Records
Don Lemon Leads Activist Mob, Quickly Regrets It; Margaret Brennan's Fact-Free Dispute Wit...
UNC–Chapel Hill Awarded Major Federal Grant to Expand Civic Education
A New Lawsuit Alleges Eric Swalwell Cannot Run for California Governor. Here's Why.
16,500 Dead and 330,000 Injured As Iran’s Brutal Crackdown Brings Protests to a...
ADL Targets Tucker Carlson As It Teams Up With GOP Lawmakers to Fight...
While Canada Moves Against the U.S. Over Greenland, We Just Beat Them at...
The Crowd Went Crazy After Seeing Trump at the College Football National Championship
DOJ to Investigate and Arrest Don Lemon and Minneapolis Church Stormers
DHS Just Announced Huge Arrest Numbers in Minnesota
Texas School District to Host 'Islamic Games'
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

Advertisement
Advertisement
Advertisement