US President Donald Trump revealed that a TikTok deal was on the verge of being finalized, but China changed its position after the US imposed new tariffs. Trump pointed out that reducing the tariffs could speed up the approval process. In light of these developments, TikTok has granted a 75-day extension to secure a non-Chinese buyer. This move comes amidst ongoing tensions between the US and China over various issues, including trade and technology. Stay tuned for more updates on this evolving situation.