US President Donald Trump says he may cut tariffs on China to help seal a deal for short video app TikTok to be sold by its owner ByteDance. Trump also said he is willing to extend a 5 April deadline for a non-Chinese buyer of the platform to be found.
"With respect to TikTok, and China is going to have to play a role in that, possibly in the form of an approval, maybe, and I think they'll do that," Trump told reporters on Wednesday. "Maybe I'll give them a little reduction in tariffs or something to get it done," he added. He made the comments after announcing new import taxes of 25% on all cars and car parts coming into the US in a move that threatens to widen the global trade war.
China rebuffs Trump offer of tariff concessions if Beijing agrees TikTok deal
www.digitaljournal.com
... China rebuffed on Thursday a suggestion from US President Donald Trump that he might offer to reduce tariffs on the country to get Beijing's approval for the sale of popular social media platform TikTok. ...
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