US President Donald Trump’s recent statement regarding the TikTok deal reveals that it was on the verge of finalization before China changed its stance due to new US tariffs. Trump emphasized that a reduced tariff would facilitate the approval process. In response to the additional 34% tariff imposed on Chinese imports, TikTok has agreed to extend the deadline for finding a non-Chinese buyer by another 75 days. This development signifies the ongoing negotiations and complexities involved in the deal, highlighting the impact of geopolitical factors on business transactions. The extension of the deadline provides more time for potential buyers to come forward and for the deal to be finalized under the new circumstances. Stay tuned for further updates on this evolving story as the deadline approaches and negotiations continue amidst changing global dynamics.