US President Donald Trump recently revealed that a TikTok deal was on the verge of completion before China changed its position in light of new US tariffs. Trump indicated that a revised tariff could speed up the process of final approval. In response to the additional 34% tariff imposed on Chinese imports, TikTok has granted an extension of 75 days to secure a non-Chinese purchaser. This development comes amidst heightened tensions between the US and China over various economic and political issues. The negotiations surrounding the sale of TikTok’s operations in the US have been closely watched by industry analysts and stakeholders. Stay updated for further developments on this evolving situation.