Trump floats reducing tariffs on China to secure TikTok deal
- U.S. President Donald Trump suggested reducing tariffs on China to finalize a TikTok sale, yet Beijing rejected this idea, stating its position is clear, according to foreign ministry spokesman Guo Jiakun.
- A law mandates TikTok to be sold by its Chinese owner, ByteDance, or face a ban in the U.S. Due to security concerns.
- Various groups are interested in acquiring TikTok, including the initiative 'The People's Bid for TikTok' launched by Frank McCourt and investors like Microsoft and Oracle.
- Time is critical, as Trump’s Executive Order for TikTok's parent company expires on April 5, with legal and technical challenges surrounding the sale of the app.
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Pro-Trump Billionaire from Wyoming is Current Highest Bidder to Buy TikTok
Reid Rasner, a pro-Trump billionaire, has made an unprecedented $47.45 billion bid for TikTok, promising to reshape the platform and support a sovereign wealth fund. His ambitious plan could redefine digital ownership in America.
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Total News Sources223
Leaning Left26Leaning Right35Center23Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 31%
C 27%
R 42%
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