BREAKING: US Strikes Deal on TikTok as 'Tough' US-China Trade Talks End in Madrid

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In a major development in U.S.-China relations, former President Donald Trump has announced a scheduled call with Chinese President Xi Jinping this Friday, September 19th. This high-stakes conversation follows the announcement of a framework agreement to keep TikTok operating in the United States, with ByteDance set to divest its U.S. operations under a national security law.

U.S. Treasury Secretary Scott Bessent confirmed that the deal will involve U.S.-controlled ownership of TikTok while preserving aspects of its “Chinese characteristics.” The outcome could impact 170 million American users, national security policy, and the ongoing U.S.-China tech war.

This move signals a temporary thaw in trade tensions, as both countries continue broader negotiations amid paused tariff escalations and rising geopolitical pressure. The U.S. push for G-7 tariffs on Chinese oil imports and new export controls add complexity to an already fragile relationship.

Could this be the start of renewed cooperation? Or just a pause in confrontation? We break it all down in today’s episode.

📌 Topics Covered:
- Trump-Xi Jinping call
- TikTok U.S. ownership deal
- U.S.-China trade talks
- Export controls & semiconductor tensions
- APEC summit preview

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