A pivotal agreement has been forged between the Trump administration and China to keep TikTok running in the United States, capping a prolonged diplomatic effort initiated during President Donald Trump's first term. As reported by CNN , US Treasury Secretary Scott Bessent announced a framework agreement, coinciding with a planned conversation between Trump and Chinese leader Xi Jinping scheduled for Friday. This dialogue intends to solidify the TikTok deal ahead of a much-anticipated meeting at the Asia-Pacific Economic Cooperation summit, according to CNBC .

The US administration indicated that while the specific buyer remains unnamed, speculation centers on a consortium led by Oracle's executive chairman, Larry Ellison, CNN reports. The Financial Times sai

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