Trump says TikTok deal nearly done before China’s tariff response, hints reduced tariffs could speed up approval.

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.

In Trend

Global markets in turmoil as Trump announces tariffs, China retaliates with 34% duties, causing $9 trillion loss.

Trade tensions prompt global market plunge; Asian indices mirror Wall Street’s sharp decline amid US-China tariff escalation.

Leave a Reply

Your email address will not be published. Required fields are marked *