"He wrote that The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly. A deal was also reached on a certain' company that young people in our Country very much wanted to save. They will be very happy!, he added, alluding to the Chinese social media platform TikTok. I will be speaking to President Xi on Friday. The relationship remains a very strong one!!!, the U.S. president ended."
"Shortly after the president's message, U.S. Treasury Secretary Scott Bessent confirmed that talks in Madrid had yielded a framework for an agreement to separate TikTok from its Chinese parent company ByteDance, which Trump and Xi are expected to finalize on Friday. Bessent, the Republican's right-hand man on economic issues, declined to offer further details on the deal: the ball, he said, is now in the leaders' court."
"The announcement comes just in time to avoid Wednesday's deadline for a ban on TikTok operations in the United States. The agreement was not immediately confirmed by Beijing. In fact, the Chinese negotiating delegation left the Spanish Foreign Ministry headquarters a few minutes before Bessent and his team, without making any statements to the media. The agreement was reached in Spain, a country that the U.S. Treasury Secretary had earlier criticized for its economic rapprochement with China."
U.S. and Chinese negotiators reached a framework in Madrid to separate TikTok from its Chinese parent ByteDance. U.S. President Donald Trump announced the talks went very well and said he will speak with President Xi on Friday. U.S. Treasury Secretary Scott Bessent confirmed the framework and said leaders must finalize the deal, declining further details. The framework arrived ahead of a U.S. deadline that could have banned TikTok operations. Beijing had not immediately confirmed the agreement, and the Chinese delegation left without commenting. Spain hosted the talks despite earlier U.S. criticism of its China rapprochement.
Read at english.elpais.com
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