TikTok Trade Talks
Like many popular British TV shows, TikTok’s getting an American spin-off.
U.S. Treasury Secretary Bessent announced Monday that Uncle Sam has a “framework” agreement with China to move TikTok’s American operations from its current owner, ByteDance, to a U.S. buyer. Bessent declined to share deets about the agreement—like who the new owners will be or who will control TikTok’s algorithm—but said the White House will prioritize “national security” in negotiations. Sources suggest multiple investors will be involved.
The announcement keeps TikTok from going dark in the States again (its sale-or-farewell deadline was today), though Bessent said the White House would repost another 90-day extension to finalize the transfer.
President Trump and Chinese leader Xi will chat on Friday to seal the deal, talk tariffs, and potentially plan a Xi-Trump summit in Beijing later this fall.
Verse to consider when you’re evaluating how you use social media… “Finally brothers and sisters, whatever is true, whatever is honorable, whatever is just, whatever is pure, whatever is lovely, whatever is commendable—if there is any moral excellence and if there is anything praiseworthy—dwell on these things. Do what you have learned and received and heard from me, and seen in me, and the God of peace will be with you.”
Philippians 4:8-9 (CSB) (read full chapter)
