(NewsNation) — The U.S. has the “framework” of a deal to allow social media app TikTok to continue operating in the U.S., according to Treasury Secretary Scott Bessent.
The announcement comes days before a deadline that would have seen the app become unavailable to millions of U.S. users to comply with legislation passed last year.
President Donald Trump announced a deal was in place shortly before Bessent’s comments, referring to a “popular app” that “young people” wanted to save.
Trump has extended the deadline for China to sell multiple times in hopes of preserving TikTok, a reversal of his previous position.
A bipartisan law passed in 2024 banned the app unless Chinese-owned parent company ByteDance sold the platform to a U.S. owners.
Lawmakers cited security concerns, suggesting that China was using the app to collect data on Americans and influence them. Some lawmakers also raised concerns about inappropriate content children might see on the app, although the type of content one sees on the for you page is determined by the user’s activity.
