Scott Bessent has simply delivered the information that TikTook customers have been ready for: China has formally accepted the app’s switch deal, doubtlessly ending the 18-month saga that had tens of millions of Americans on edge.

The U.S. Treasury Secretary made the announcement following President Donald Trump‘s high-stakes assembly with Chinese chief Xi Jinping in Kuala Lumpur, revealing that the long-awaited decision might lastly be inside attain.

“In Kuala Lumpur, we finalized the TikTok agreement in terms of getting Chinese approval, and I would expect that would go forward in the coming weeks and months, and we’ll finally see a resolution to that,” Scott Bessent informed Fox Business Network.

The Treasury chief’s feedback come after months of uncertainty surrounding the favored social media platform’s future within the United States.

The app, owned by Chinese firm ByteDance, has been on the heart of nationwide safety considerations and legislative battles for the reason that Trump administration first focused it for potential divestiture.

Bessent’s announcement indicators a significant breakthrough in U.S.-China relations, with the TikTook switch deal serving as a key element of broader commerce negotiations between the 2 superpowers.

The agreement would reportedly switch TikTook’s U.S. operations to new possession, addressing longstanding considerations about information safety and overseas affect.

The timing of the announcement is especially vital, coming simply as TikTook confronted mounting strain from lawmakers and regulators who’ve repeatedly raised alarms concerning the app’s Chinese possession.

The platform boasts over 170 million American customers who’ve been anxiously watching the unfolding political drama.

While particular particulars of the switch association stay confidential, sources near the negotiations recommend that the deal represents a compromise that will enable TikTook to proceed working within the American market whereas addressing nationwide safety considerations.

The breakthrough follows President Trump’s September 2025 govt order, which endorsed a divestiture plan for TikTook’s U.S. operations, successfully saving the app from an imminent ban. That transfer got here after 18 months of intense diplomatic and authorized wrangling between Washington and Beijing.

For TikTook’s huge American consumer base, Bessent’s announcement presents hope that their favourite platform will stay accessible with out the fixed menace of shutdown.

The app has change into a cultural phenomenon, notably amongst youthful demographics who use it for leisure, information and social connection.

The Treasury Secretary’s optimistic timeline of “coming weeks and months” means that the ultimate implementation of the switch deal might occur comparatively rapidly, bringing closure to one of the crucial contentious tech coverage problems with current years.

As negotiations proceed, all eyes shall be on how the switch deal unfolds and whether or not it will probably fulfill each American safety considerations and Chinese enterprise pursuits whereas holding TikTook’s tens of millions of customers pleased.

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