US President Donald Trump revealed that the TikTok deal was on the verge of completion before China changed its position in light of the new US tariffs. Trump indicated that a lower tariff could help speed up the approval process. In response, TikTok has granted an extension of 75 days to secure a buyer outside of China. The popular video-sharing app has been embroiled in controversy over data privacy concerns, leading to the push for a sale to an American company. Stay updated on the latest developments regarding the TikTok deal as the deadline approaches.

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Trump says TikTok deal nearly done before China’s tariff response, hints reduced tariffs could speed up approval.
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Global markets in turmoil as Trump announces tariffs, China retaliates with 34% duties, causing $9 trillion loss.
