Scott Bessent just announced that the Trump administration now has a framework for a deal on TikTok with China and that President Trump will formalize the deal with Chinese President Xi on Friday:

 
President Trump said about as much this morning:

The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly. A deal was also reached on a “certain” company that young people in our Country very much wanted to save. They will be very happy! I will be speaking to President Xi on Friday. The relationship remains a very strong one!!! President DJT