TikTok Deal Framework Reached: Trump–Xi Call Set to Finalize | CNN2.0

7 hours ago

🔥 Treasury Secretary Scott Bessent says a framework agreement will keep TikTok operating in the U.S., with a Trump–Xi call on Friday expected to finalize terms after years of deadlines and divestment pushes.
🏛️ The administration has repeatedly extended a congressionally mandated ban timeline, while officials say “commercial aspects” are agreed but final sign‑offs are pending from leadership in Washington and Beijing.
🤝 USTR Jamison Greer says Trump provided specific guidance that unlocked progress with Chinese counterparts, framing this as the culmination of a long effort to address ownership, data, and governance concerns.
🧩 Key unknowns remain: ultimate U.S. ownership structure, data controls, and compliance milestones that determine whether TikTok clears legal hurdles and avoids a shutdown.

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