Trump: TikTok deal almost done before China’s stance shift; new tariffs prompt call for quicker approval. Deadline extended.

US President Donald Trump has recently revealed that a TikTok deal was on the verge of being finalized until China changed its position due to the imposition of new US tariffs. Trump mentioned that a reduced tariff could speed up the approval process of the deal. In response to the escalating tensions, TikTok has granted an extension of 75 days to find a buyer outside of China. This move comes amidst the ongoing negotiations and uncertainties surrounding the popular social media app’s future in the United States. The extension provides more time for potential buyers to come forward and for the deal to be solidified. The situation remains fluid as both countries navigate the complex trade and technology landscape. Stay updated for more developments on this evolving story.

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