Trump’s TikTok Deal With China — What Do We Know?

The article discusses the ongoing negotiations between the US and China regarding the ownership of TikTok's US operations. Key points: - After over a year of negotiations, the US and China are close to reaching a deal to transfer TikTok's US operations to a new investor consortium. - The deal is being facilitated by US Treasury Secretary Scott Bessent. - The negotiations have been ongoing since the Trump administration raised national security concerns about TikTok, a Chinese-owned social media platform, and threatened to ban it in the US. - The details of the potential deal, including the new ownership structure and the role of Chinese parent company ByteDance, are still unclear. - The resolution of this long-running dispute could have significant implications for the future of TikTok's presence in the US market.