US-China TikTok Dispute Nears Settlement, Says Treasury Secretary Scott Bessent

The long-running standoff between the United States and China over TikTok appears to be nearing a breakthrough. U.S. Treasury Secretary Scott Bessent has confirmed that negotiations on the future of the short-video platform are “very close” to reaching a resolution.

Bharat Daily Samachar

9/15/20254 min read

By: Bharat Daily Samachar Daily: 15 Sep,2025

US-China TikTok Dispute Nears Settlement, Says Treasury Secretary Scott Bessent

In what could be a turning point in the long-running standoff between Washington and Beijing, U.S. Treasury Secretary Scott Bessent has revealed that the dispute over TikTok is “very close” to being resolved. His remarks have sparked optimism among millions of users, creators, and industry observers who have been closely watching the fate of the popular short-video app in the United States.

A Dispute Years in the Making

TikTok, owned by Chinese tech giant ByteDance, has been caught in the crossfire of geopolitical tensions for several years. U.S. officials have raised concerns that the app poses national security risks, claiming that sensitive data from American users could potentially be accessed by the Chinese government. While ByteDance and TikTok executives have repeatedly denied these allegations, the concerns have led to heated debates, court cases, and even attempts to ban or force the sale of TikTok’s U.S. operations.

The controversy reflects larger tensions between the United States and China, particularly in the realm of technology and data security. Washington has consistently emphasized that protecting user information is a matter of national interest, while Beijing has accused the U.S. of unfairly targeting its companies.

Bessent’s Assurance: A Resolution is Near

Speaking to reporters, Treasury Secretary Scott Bessent confirmed that negotiations are progressing positively. “We are very close to a resolution on the TikTok issue,” he said, without providing detailed specifics about the final framework being considered.

His statement suggests that months of behind-the-scenes discussions between U.S. regulators, lawmakers, and TikTok’s parent company are beginning to bear fruit. Analysts believe that a final deal could be announced in the coming weeks, potentially ending years of uncertainty over whether TikTok would remain accessible to its U.S. audience.

What Could a Deal Look Like?

While details remain confidential, experts suggest that the resolution could involve a mix of regulatory oversight, structural changes, and stricter compliance measures. Among the possibilities being discussed are:

  • Data Localization: Requiring TikTok to store all American user data on servers located within the United States, managed by U.S. companies.

  • Increased Oversight: Allowing independent regulators to monitor TikTok’s operations to ensure transparency in how data is handled.

  • Restructuring of U.S. Operations: In the past, there have been proposals for ByteDance to divest TikTok’s U.S. business or establish a partnership with American firms to oversee local operations.

  • Clearer Legal Commitments: TikTok may be required to sign binding agreements that prevent data sharing with foreign governments.

If implemented, these measures could help address national security concerns while still allowing TikTok to thrive in one of its largest global markets.

Impact on Users and Creators

For TikTok’s massive user base in the U.S.—which includes more than 150 million active users—the news of a potential settlement is welcome relief. Over the past few years, uncertainty about the app’s future has created anxiety among influencers, small businesses, and content creators who rely heavily on TikTok for income and visibility.

A Los Angeles-based digital creator shared her thoughts, saying, “TikTok is not just an app; it’s a platform where people build careers, businesses, and communities. Knowing that a solution is finally close gives us hope that we won’t lose everything we’ve built here.”

Small businesses that use TikTok’s algorithm-driven reach to connect with audiences also stand to benefit from regulatory clarity, as they can plan long-term strategies without the fear of sudden disruptions.

Geopolitical Dimensions

The TikTok dispute has always been about more than just an app—it has been a symbol of the broader tech rivalry between the U.S. and China. Washington has accused Beijing of using technology companies to expand its influence, while China has accused the U.S. of unfair protectionism.

By signaling that a resolution is close, both nations could be sending a message that pragmatic compromises are possible, even in the middle of escalating competition in areas such as artificial intelligence, semiconductors, and digital infrastructure.

International observers suggest that resolving the TikTok issue could also help ease tensions in trade talks and improve cooperation in other global matters, though significant differences between the two powers will remain.

Industry Reactions

Tech analysts and policy experts have cautiously welcomed Bessent’s remarks. While some say that the U.S. is moving in the right direction by demanding stronger safeguards, others caution that the final details will determine whether national security risks are truly addressed.

A cybersecurity analyst noted, “The devil is in the details. It’s not enough to simply store data in the U.S.—there must be strict oversight and independent monitoring to ensure no loopholes exist.”

Investors, meanwhile, are watching closely. A resolution could stabilize TikTok’s business outlook and reassure advertisers, many of whom had been hesitant to expand budgets due to regulatory uncertainty.

What Happens Next?

The coming weeks will be crucial. Once the proposed framework is finalized, it will need to be reviewed by U.S. regulators and lawmakers. ByteDance, too, will have to show its willingness to cooperate with the conditions set forth.

If a resolution is reached, it could set a precedent for how the U.S. handles other foreign-owned apps and platforms in the future. The outcome could also influence global digital policy, as other countries consider similar restrictions or safeguards for apps operating within their borders.

Conclusion

The statement from Treasury Secretary Scott Bessent has brought a new wave of optimism to the TikTok debate. After years of uncertainty, legal battles, and geopolitical friction, a resolution may finally be in sight.

For millions of users, creators, and businesses, this could mean stability and continuity. For Washington and Beijing, it represents an opportunity to show that even amid rivalry, compromise is possible.

As the world waits for the final details, one thing is clear: the future of TikTok in America is on the verge of a new chapter—one shaped not just by technology, but by diplomacy, regulation, and global power dynamics.