TRUMP MAY GIVE CHINA REDUCTION IN TARIFFS IN TIKTOK DEAL – ByteDance has an April 5 deadline to find a non-Chinese buyer for TikTok or face a U.S. ban
U.S. President Donald Trump said on Wednesday he would be willing to reduce tariffs on China to get a deal done with TikTok’s Chinese parent ByteDance to sell the short video app used by 170 million Americans.
ByteDance has an April 5 deadline to find a non-Chinese buyer for TikTok or face a U.S. ban on national security grounds that was supposed to have taken effect in January under a 2024 law.
The law is the result of concern in Washington that TikTok’s ownership by ByteDance makes it beholden to the Chinese government and that Beijing could use the app to conduct influence operations against the United States and collect data on Americans.
Trump said he was willing to extend the April deadline if an agreement over the social media app was not reached.
He acknowledged the role China will play in getting any deal done, including giving its approval, saying “maybe I’ll give them a little reduction in tariffs or something to get it done,” Trump told reporters.
