Trump's willingness to let TikTok go dark motivated China to make deal, says Bessent

In a recent interview, Treasury Secretary Scott Bessent revealed that President Donald Trump's readiness to allow TikTok to cease operations significantly impacted the negotiations with China. Bessent emphasized that Trump's firm position on national security was pivotal in the formulation of a deal framework. "President Trump made it abundantly clear that he was prepared to let TikTok go dark if necessary, demonstrating that the protection of national security would take precedence over any potential agreement," Bessent stated during his appearance on CNBC's "Squawk Box." This development highlights the ongoing complexities surrounding TikTok and its operations in the United States, with tensions between national security concerns and international business dealings remaining at the forefront. Further updates on this evolving story are anticipated.