US EditionA day after raising tariffs on China to 54%, Trump says the US now has 'great power to negotiate' with China to force a TikTok sale
- President Donald Trump stated on April 3 that he might negotiate the sale of TikTok, contingent on reducing tariffs imposed on China.
- Trump's comments follow a 54% tariff imposed on Chinese imports, heightening pressure for a TikTok deal before an April 5 deadline.
- Vice President JD Vance indicated a decision on an American buyer for TikTok would come before the April 5 deadline, and several bidders are interested.
- Concerns over national security have driven the urgency for a TikTok sale, as officials question its ties to the Chinese Communist Party.
47 Articles
47 Articles
US President Donald Trump said on Thursday he would be willing to grant China tariff exemptions if Beijing approves a deal to disconnect Chinese company ByteDance from the TikTok app in the United States, EFE reported on Friday.
Trump Says US Near TikTok Deal, Reiterates Trade Relief Offer For China's Approval: 'Tariffs Give Us Great Power To Negotiate' - Blackstone (NYSE:BX), Amazon.com (NASDAQ:AMZN)
President Donald Trump confirmed that the U.S. is close to a deal to avoid banning TikTok, with ongoing discussions involving multiple investors and a potential tariff agreement with China to secure the sale.
If Beijing gives the green light to the sale of the platform, Trump wants to consider a deal. However, given the tariffs, the IMF speaks of a risk to the global economy
Trump Says His Team Is ‘Very Close’ to Reaching TikTok Deal as Deadline Nears
President Donald Trump said on April 3 that he would potentially consider an agreement where China agrees to approve the sale of social media platform TikTok from its parent company ByteDance in return for relief from the tariffs he recently imposed on the nation’s imports. The president made his comments while speaking with reporters in front of Air Force One, saying the TikTok sale is an example of how he could use tariffs as negotiation tacti…
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