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U.S. and China Have ‘Framework’ for TikTok Sale

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“Officials from the United States and China met in Madrid on Monday for a second day of talks on extending a truce in President Trump’s trade war and deciding the future of TikTok in America,” the New York Times reports.

“Treasury Secretary Scott Bessent said that the two sides had agreed to a ‘framework’ for a deal to divest TikTok from its Chinese owner, ByteDance. President Trump and China’s top leader, Xi Jinping, are set to speak on Friday to approve the deal, which Mr. Bessent described as an agreement between ‘two private parties’ and would shift the social app into U.S.-controlled ownership.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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