Trump Open To Cutting Tariffs On China To Secure TikTok Deal

Trump Open To Cutting Tariffs On China To Secure TikTok Deal

Trump said he may reduce tariffs on China to encourage a deal that would result in ByteDance divesting TikTok’s U.S. operations, according to CNBC. He noted that China is going to have to play a role in approving any sale and suggested a tariff cut could help. Trump signed an executive order in January extending the deadline for the deal to April 5. He has said the U.S. should retain a 50 stake in TikTok. Trump added the deadline might be extended again if needed.


User: Benzinga

Views: 18

Uploaded: 2025-03-27

Duration: 00:32

Your Page Title