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According to Bessent, China agreed to “commercial terms” and “technical details” of a deal “between two parties,” but Xi and Trump still needed to discuss the terms—as well as possibly China’s demands to ease export controls on chips and other high-tech goods—before the deal can be finalized, Reuters reported.
ByteDance, TikTok’s current owner, which in the past has opposed the sale, did not immediately respond to Ars’ request to comment.
While experts told Reuters that…
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According to Bessent, China agreed to “commercial terms” and “technical details” of a deal “between two parties,” but Xi and Trump still needed to discuss the terms—as well as possibly China’s demands to ease export controls on chips and other high-tech goods—before the deal can be finalized, Reuters reported.
ByteDance, TikTok’s current owner, which in the past has opposed the sale, did not immediately respond to Ars’ request to comment.
While experts told Reuters that…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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