FILE – The TikTok app logo appears in Tokyo on Sept. 28, 2020. (Kiichiro Sato | AP)U.S. officials say they have reached a “framework” for a deal with China over the fate of the hugely popular short-video platform TikTok, an apparent breakthrough in the multi-year standoff over the ban against the Chinese-owned app. Treasury Secretary Scott Bessent announced the news after two days of talks with Chinese officials in Madrid. I will be speaking to President Xi on Friday. During his first term, Trump sought to ban TikTok.