Treasury Secretary Scott Bessent, who led the U.S. delegation, told reporters that a framework for switching ownership of TikTok has been reached. The deal will be confirmed by Xi and Trump following their scheduled call on Friday, Bessent said. The two sides didn’t release any specific details of the agreement.

Scott Bessent, the US Treasury Secretary, said later on Monday that a framework for an agreement on TikTok had been reached, which would pave the way for a switch to US ownership.

U.S. measures such as export curbs and tariffs “constitute the containment and suppression of China’s development of high-tech industries” such as advanced computer chips and artificial intelligence,...

The U.S. and China reached a framework deal on short-video app TikTok as part of broader talks on tariffs and economic policy that concluded in Madrid on Monday, U.S. Treasury Secretary Scott Bessent...

Kellogg, who is President Donald Trump 's special envoy to Ukraine, made the comment at a security conference in Kyiv. He called Russia the "junior partner" to China. Large-scale oil purchases by China have helped the Russian war economy through biting economic sanctions imposed by the U.

China opposes Washington's request that the Group of Seven and NATO countries impose secondary tariffs on Chinese imports over its purchase of Russian oil, China's commerce ministry said on Monday, ca...

“I believe that this, plus NATO, as a group, placing 50% to 100% TARIFFS ON CHINA, to be fully withdrawn after the WAR with Russia and Ukraine is ended, will also be of great help in ENDING this dead...

Beijing’s targeting of Nvidia, the American AI chip giant, ratcheted up tensions as negotiators for the two countries met for trade talks in Spain.

The Chinese regulator also said the U.S. chipmaker was suspected of violating commitments it made during its acquisition of Israeli chip designer Mellanox Technologies MLNX-Q, under terms outlined in...