Trump and Xi could ‘consummate’ TikTok deal this Week, Bessent Says

President Donald Trump and China’s leader, Xi Jinping, could “consummate” a deal to allow TikTok to continue to operate in the United States when they meet Thursday, Treasury Secretary Scott Bessent said Sunday.

Bessent said that the United States and China had reached “a final deal on TikTok” and that “as of today, all the details are ironed out, and that will be for the two leaders to consummate that transaction” when they meet Thursday in South Korea.

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