News Summary

• Treasury Secretary Scott Bessent said the U.S. and China have reached “a final deal on TikTok.” He declined to discuss the details of the agreement, but added, “My remit was to get the Chinese to agree to approve the transaction, and I believe we successfully accomplished that over the past two days” Trump has repeatedly extended the deadline of a law that requires TikTok’s owner ByteDance to sell the app or see it banned in the United States.