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’s comments, made on “Face the Nation,” came as U.S. and Chinese officials said they had made progress on a trade deal between the two countries after discussions in Malaysia. 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.

“My remit was to get the Chinese to agree to approve the transaction, and I believe we successfully accomplished that over the past two days,” the Treasury

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