Treasury Secretary Scott Bessent said during a CBS interview that Presidents Donald Trump and Xi Jinping will likely approve a TikTok sale on Oct. 30.

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 the details as soon as Thursday

The Trump administration has been signalling that it may have finally reached a deal with China to keep TikTok running in the US, with the two countries finalising it as soon as Thursday.

US President Donald Trump and his Chinese counterpart, Xi Jinping, are set to meet on Thursday for the first time since 2019. Washington and Beijing have been locked in a multipronged trade spat since Trump returned to the White House, and are tussling for global sway.

In today’s Tech Bytes, a deal to keep TikTok operating in the U.S. could be finalized this week. Treasury Secretary Scott Bessent says all the details have been ironed out. An announcement could come Thursday, after President Trump and Chinese President Xi Jinping meet in South Korea.

For those who have been following the TikTok ban, it seems the final bow has been tied on a deal that will save the popular social media app from extinction.

Trump said a deal has been worked out with China to secure the popular video app’s future in the U.S., but many details still need to be hammered out.

In a video posted to TikTok Monday morning, President Donald Trump said that young Americans who use TikTok "owe" him following the announcement and signing of a new executive order that allows the popular video-sharing platform to continue operating in the United States under restructured ownership.

Iowa claims TikTok violates the Iowa Consumer Fraud Act by misrepresenting the frequency of profanity, sexual content and nudity available to teenage users.