US Treasury Secretary Scott Bessent confirmed the finalization of an agreement on TikTok, following months of negotiations over Chinese control of the app’s algorithm. “We reached a final deal… and I believe that as of today, all the details are ironed out,” speaking to CBS from Kuala Lumpur, Bessent said, noting that the leaders would…
US President Donald Trump on Saturday reiterated that India is cutting back the Russian oil imports completely, as he announced sanctions targeting Moscow’s oil giants Rosneft and Lukoil.Ahead of his upcoming meeting with Chinese President Xi Jinping in South Korea, Trump expressed hope that the discussions would yield a “complete deal,” Bloomberg reported. Trump’s FULL…
The Trump administration is reportedly considering a plan to restrict US software exports to China in response to Beijing’s latest rare earth export restrictions, Reuters reported, citing a US official and sources briefed by authorities. The potential measures could target products ranging from laptops to jet engines. Scope of proposed measures The proposed restrictions are…