UPDATE 11-US, China reach framework deal on TikTok; Trump and Xi to speak on Friday
Published on: Sept. 15, 2025, 11:09 p.m. | Source: Devdiscourse
The potential deal on the popular social media app, which counts 170 million U.S. users, was a rare breakthrough in the months-long talks between the world's No. 1 and No. 2 economies that have sought to defuse a wide-ranging trade war that has unnerved global markets. After a meeting with Chinese negotiators in Madrid, U.S. Treasury Secretary Scott Bessent said a September 17 deadline that could have disrupted the popular social media app in the U.S. encouraged Chinese negotiators to reach a potential deal.
