US President Donald Trump recently revealed that a TikTok deal was on the verge of being finalized until China changed its position following the implementation of new US tariffs. Trump highlighted that reducing the tariff could speed up the approval process. In light of this development, TikTok has granted an extension of 75 days to secure a non-Chinese buyer. The popular video-sharing app has been at the center of a geopolitical storm between the US and China, with concerns over national security and user data privacy. Trump’s administration has been pushing for the sale of TikTok’s US operations to an American company to address these issues. The deadline extension provides more time for negotiations and potential buyers to come forward. This move signifies the complex nature of international business dealings, particularly in the tech industry, where political tensions can impact corporate transactions. The outcome of these negotiations will not only affect the future of TikTok but also have broader implications for US-China relations and the global tech landscape. Stay tuned for further updates on this evolving story.

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Trump’s TikTok deal nears, China alters stance amid tariffs. Deadline extended to find non-Chinese buyer.
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