TikTok issue between US and China ‘very close’ to resolution: US Treasury Secretary Scott Bessent says

The United States and China are “very close” to reaching an agreement on the issue surrounding the popular short video app TikTok, US Treasury Secretary Scott Bessent said.

The statement came as trade discussions resumed in Madrid to resolve tensions between the two countries. Even if a deal is finalised over Chinese divestment from TikTok, it would not affect relations, Reuters reported, citing Bessent.

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