The US Trump administration claims to have reached a framework agreement with ByteDance and China for the sale of the company's US TikTok operations. Although the buyer is yet to be revealed, the US president posted that an agreement has been reached. “The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL!," said Trump. I will be speaking to President Xi on Friday. Buyer under wrapsUS Treasury Secretary Scott Bessent also told CNBC that a “framework" deal has been reached between the two countries.