Published on, Sept. 15 -- September 15, 2025 5:20 PM

The United States is nearing a resolution with China over the future of TikTok, US Treasury Secretary Scott Bessent announced on Monday. During trade talks in Madrid, Bessent stated that both sides are "very close" to finalizing a deal. The discussions, aimed at addressing trade and technology issues between the two global superpowers, resumed on Sunday and are expected to continue through Wednesday. The talks are critical, as they coincide with the looming deadline for TikTok to either find a buyer or face a potential ban in the US.

Bessent and Chinese Vice Premier He Lifeng opened the latest round of talks in Madrid, focusing on narrowing differences related to national security and...