Trump reaches TikTok deal with China
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Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the search for the next Fed chair, state of the economy, the Fed's inflation fight, rate path outlook, President Trump's tariff agenda, details of U.
President Donald Trump told reporters on Tuesday, Sept. 16 that TikTok will keep running in the U.S. and a buyer of the app will be announced soon.
US Treasury Secretary Scott Bessent expects a TikTok deal to be finalised after Trump and Xi's meeting. Following months of negotiations, a framework agreement has been reached amid concerns over data security and Chinese ownership.
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Looming TikTok Ban Could Finally Be Avoided with Potential New China Deal, Trump Administration Says
The United States and China have reached a "framework" agreement for TikTok, according to officials with the Trump administration.