Trump Mulls Tariff Reductions to Secure TikTok Sale by April 5
President Trump may cut tariffs on China to facilitate the sale of TikTok, amidst negotiations for its U.S. operations before the April 5 deadline.
Trump’s comment suggests the sale of TikTok’s is a priority for his administration and important enough to use tariffs as a bargaining chip with Beijing.
Trump floats easing tariffs on China in return for TikTok deal
The Guardian·24d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.Trump's comments on reducing tariffs on China come as trade tensions between the US and China escalated recently.
Trump said he might give China a 'little reduction in tariffs' to close a TikTok deal
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The biggest sticking point to finalising a deal to sell the TikTok business, which is worth tens of billions of dollars, has always been securing Beijing's agreement.
TikTok: Trump says he may cut China tariffs to help seal deal to sell the app
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The future of the app used by nearly half of all Americans has been up in the air since a law, passed last year with overwhelming bipartisan support, required ByteDance to divest TikTok by Jan. 19.
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The decision to keep TikTok alive through an executive order has received some scrutiny, but it has not faced a legal challenge in court.
Trump says he would consider reducing China tariffs if there's a deal on TikTok
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Although a national security law requires ByteDance to divest TikTok's U.S. operations or face an effective ban in the country, Trump in January signed an executive order that delayed the deadline for a deal to April 5.
Trump says he may reduce China tariffs to help close a TikTok deal
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The big picture: This is a private negotiation going public, which suggests that a deal isn't yet at hand.
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TikTok’s fate in the United States has been up in the air since last year, following the passage of a bipartisan law signed by President Joe Biden.
Trump floats tariff reduction if China agrees to TikTok deal
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A TikTok ban in the U.S. is set to go into effect April 5 if its Chinese owner ByteDance does not cede control to an American company.
Trump dangles China tariffs reduction to close TikTok deal
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Summary
President Trump has suggested he might reduce tariffs on China to expedite the sale of TikTok's U.S. operations, which must be divested by April 5 to avoid a ban. He highlighted the necessity of Chinese government approval in the deal and expressed willingness to extend the deadline if needed. Vice President JD Vance remains hopeful for an agreement soon. Amidst rising tensions, various consortia are interested in acquiring the app, with offers surpassing $30 billion, while navigating ongoing trade disputes and civil liabilities involving the Chinese government. The popularity of TikTok, with 170 million U.S. users, remains central to the negotiations.
Perspectives
Bipartisan legislation requires TikTok to divest from Chinese ownership by April 5 to avoid a nationwide ban, impacting millions of users in the U.S.
President Trump stated he is willing to negotiate tariff reductions with China to facilitate a sale of TikTok's U.S. operations, indicating a potential softening of hardline policies to secure a deal.
Recent polling indicates declining public support for a TikTok ban, refleTikTokchanging perceptions on the app and its ownership.
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