Trump's TikTok Deal Near Finalization Disrupted by China's Response to Tariffs, Deadline Extended by 75 Days

US President Donald Trump revealed that a potential TikTok deal was on the verge of being finalized when China changed its position in light of new US tariffs. Trump

US President Donald Trump revealed that a potential TikTok deal was on the verge of being finalized when China changed its position in light of new US tariffs. Trump's announcement came after imposing an extra 34% tariff on Chinese goods, suggesting that a lower tariff could facilitate the agreement. TikTok has now granted a 75-day extension to secure a non-Chinese purchaser amid the ongoing negotiations.