The Trump government said that it completed a “framework contract” with China on Monday via the popular social media app Tikok, just a few days before it is to be blocked for an estimated 135 million users in the USA.
Finance Minister Scott Bessent said reporters after a preliminary deal with China had been agreed in Madrid for two days and that Trump and Chinese President Xi Jinping would speak on Friday to complete the deal.
“The frame is for a change to a property controlled by the USA,” said Bessent, without specifying any further details.
Read more: The dark reality of TikKok’s ban
Trump had announced that shortly before Bessant’s announcement in a contribution on social media, a deal was made.
“The large trade assembly in Europe between the United States of America and China went very well!” Trump posted socially through the truth. “A deal was also achieved with a” certain “company that wanted to save young people in our country a lot.”
Tikok’s legal presence in the United States has been in the air since a law confirmed by the Supreme Court and forced the company’s Chinese owner to sell to a US buyer after the legislator has given security concerns.
The law meant that Tikkok became dark in the United States on the evening of January 18 and disappeared into USAPP stores -only the video app that returned online after Trump announced that he would sell the deadline for bytedance. Trump has extended this deadline since September 17th.
The US sales representative Jamieson Greer said that the deadline could be expanded to complete the framework business.
Trump’s most recent role as an advocate Tikok is a sharp turn from his first term when Trump banned the app herself.
In August, the White House started its own Tikok account, a signal that Trump worked on the end of a deal, and was confident in the longevity of the app.