"In Kuala Lumpur, we finalized the TikTok agreement in terms of getting Chinese approval, and I would expect that would go forward in the coming weeks and months, and we'll finally see a resolution to that,

Treasury Secretary Scott Bessent said Thursday the U.S. and China have finalized an agreement on TikTok that would allow the popular social media platform to remain available in the U.S. “In

A tariff hike could potentially damage the Chinese economy. The U.S. imported about $438 billion worth of goods and services from China last year, making it the largest destination for China’s exports. In all, that figure accounts for about 15% of China’s exports, according to the Office of the U.S. Trade Representative.

China pledges to collaborate with the U.S. to address TikTok issues, amid ongoing uncertainty over the platform's future.

American Jewish leaders have blamed Tiktok for allowing antisemitism to spread among young people and Israeli Prime Minister Benjamin Netanyahu recently accused China of using the platform to promote anti-Israel sentiment around the world — a charge China denies.

China has approved Donald Trump's TikTok deal, ending an 18-month saga that kept millions of American users on edge.

The Trump administration has been signaling that it may have finally reached a deal with China to keep TikTok running in the U.S., with the two countries finalizing it as soon as Thursday. President Donald Trump is visiting South Korea, where he will meet with Chinese President Xi Jinping to try to de-escalate a trade war.