Trump and Xi will ‘consummate' TikTok deal on Thursday, treasury secretary says

Group 1: TikTok Deal - The United States and China have reached a final deal regarding TikTok, with all details reportedly ironed out [1] - The deal was facilitated by an executive order signed by President Trump, requiring TikTok's owner ByteDance to sell the app or face a ban in the U.S. [1] - A new board of directors will oversee TikTok's U.S. operations, with Oracle responsible for security operations [2] Group 2: Involved Parties - Investors in the new joint venture include Oracle, Fox Corp, Andreessen Horowitz, and Silver Lake Management, with Fox's participation confirmed by Trump [2] - The negotiations also included discussions on tariffs and trade issues between Chinese and American trade negotiators [5] - Rare earth minerals were a topic of discussion, with China indicating it would tighten export controls on these critical materials [6]