TikTok will retain "Chinese characteristics" after sale, Bessent says
Deal terms preserve TikTok's Chinese characteristics commercially while U.S. focuses on national security; imminent U.S. ban threats accelerated agreement.
US and China reach deal to transfer TikTok ownership, trade official says
Washington and Beijing agreed on a framework to transfer TikTok to US-controlled ownership, pending approval from US and Chinese leaders and finalized commercial terms.