“We had a deal pretty much for TikTok – not a deal but pretty close – and then China changed the deal because of tariffs,” Trump told reporters. “If I gave a little cut in tariffs they would have approved that deal in 15 minutes, which shows the power of tariffs.”
mandag 7. april 2025
Trump says TikTok sale stalled by China’s objections to US tariffs
China’s objections to new U.S. tariffs stalled a deal to sell off TikTok and keep it operating in the United States, said President Donald Trump on Sunday, emphasizing that he would not reverse tariffs on foreign nations unless the trade deficits that the U.S. faces with various countries, including China, disappeared. Trump administration officials have been working on an agreement to sell the popular social media app, owned by China-based ByteDance, to an American buyer, as required by a bipartisan law enacted in 2024. But this also requires China’s approval.
“We had a deal pretty much for TikTok – not a deal but pretty close – and then China changed the deal because of tariffs,” Trump told reporters. “If I gave a little cut in tariffs they would have approved that deal in 15 minutes, which shows the power of tariffs.”
“We had a deal pretty much for TikTok – not a deal but pretty close – and then China changed the deal because of tariffs,” Trump told reporters. “If I gave a little cut in tariffs they would have approved that deal in 15 minutes, which shows the power of tariffs.”
