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On Sunday, President Donald Trump suggested that China would have consented to a deal regarding TikTok’s sale if it weren’t for the recently introduced tariffs on Chinese imports, according to an AFP report.
While speaking on Air Force One, Trump informed reporters, “The report indicates that we were very close to finalizing an agreement for TikTok. However, China altered the terms due to the tariffs. If I were to reduce the tariffs slightly, they would approve that deal in about 15 minutes, demonstrating the significant impact of tariffs.”
This legislation, initially established during the Biden administration and now being implemented under Trump’s renewed presidency, stipulates that TikTok must either separate from its Chinese parent company, ByteDance, or face a nationwide ban. The app, which has over 170 million users in the United States, has emerged as a focal point in the ongoing technological and trade disputes between the U.S. and China.
On Friday, Trump extended the deadline for TikTok to complete a sale to a buyer outside of China by an additional 75 days—this extension came just a day after he raised tariffs on all Chinese imports by 34%.
Although Trump stated that a deal to ensure TikTok’s continued operation in the U.S. was imminent and involved multiple investors, he provided few details. ByteDance confirmed that it was engaged in discussions with U.S. officials and seeking a resolution but noted that several “key issues” remained unresolved. The company emphasized, “No agreement has been finalized,” and any potential deal would also require “approval under Chinese law.”
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