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Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng and Commerce Minister Li Chenggang in Madrid last week. They announced a "framework agreement" over TikTok , the Chinese-owned app used by millions of Americans.

But the story isn’t only about TikTok. It’s also about how America uses TikTok as a lever – and why that lever is more necessary than ever.

TikTok is an important issue in and of itself: control over data, algorithmic influence, foreign ownership – all of which are critical for national security. In addition, however, TikTok is a tool the U.S. can and should use in ongoing trade engagement, as well as to counter China’s growing leverage in rare e

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