US President Donald Trump recently revealed that a TikTok deal was on the verge of being finalized until China changed its position in light of new US tariffs. Trump noted that imposing an additional 34% tariff on Chinese imports could prompt a quicker approval process. In response to the escalating tension, TikTok has granted an extension of 75 days to secure a non-Chinese buyer. This development comes amidst ongoing negotiations and concerns regarding national security and data privacy. Stay updated for more information on this evolving situation.

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Trump says TikTok deal nearly done before China’s tariff response; deadline extended by 75 days.
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Global markets in turmoil as Trump announces tariffs, China retaliates with 34% duties, sparking fears of financial crisis.
