US Treasury Secretary Scott Bessent says US and China ‘reached a final TikTok deal’ for Trump-Xi to seal

US Treasury Secretary Scott Bessent said a TikTok deal with China has been finalized and will be formalized during the Trump-Xi meeting in Korea. He also confirmed a tariff truce, with Trump dropping a planned 155% tariff threat and China backing off rare earth export controls.

source https://www.livemint.com/news/us-news/us-treasury-secretary-scott-bessent-says-us-and-china-reached-a-final-tiktok-deal-for-trump-xi-to-seal-11761503829251.html