According to @ReutersBiz, U.S. Treasury Secretary Scott Bessent said China and the U.S. have agreed on a framework for a deal that would allow TikTok to continue operating in the U.S., while the app still faces a Sept. 17 shutdown deadline unless it moves to U.S. ownership (source: Reuters Business). The announcement creates a clear binary event date for positioning: either a finalized agreement enabling continued operations under the framework or a shutdown if ownership requirements are not met by Sept. 17 (source: Reuters Business). Traders can anchor short-dated risk management, headline monitoring, and options hedging around the Sept. 17 deadline given the regulatory event path described by the source (source: Reuters Business). For broader risk assets including crypto, the defined timeline may act as a sentiment catalyst around U.S.–China tech policy risk, warranting close monitoring of cross-asset volatility into and immediately after the deadline (source: Reuters Business).