Film giant Paramount Global reached a settlement with U.S. President Donald Trump, who sued CBS News for $20 billion over editing of a 60 Minutes interview with his Democratic opponent, then-Vice President Kamala Harris.

Paramount has agreed to pay $16 million to settle a lawsuit in which President Donald Trump alleged that an interview with Kamala Harris, his Democratic opponent for the presidency, that aired on CBS’ “60 Minutes” last year was deceptively edited.

Paramount has agreed to settle President Trump's lawsuit over a "60 Minutes" interview with Kamala Harris for $16 million, the company announced late Tuesday.