Trump Proposes Tariff Relief for China in Exchange for TikTok Deal

Reported about 20 hours ago

President Trump stated he would consider granting tariff relief to China if it approves a deal for the sale of TikTok, the social media app owned by ByteDance. Speaking onboard Air Force One, Trump highlighted the potential of using tariffs as a bargaining chip, indicating that China might agree to a deal if concessions are made regarding U.S. tariffs on its imports. With an approaching deadline for TikTok to secure a U.S. buyer, Trump mentioned that negotiations are progressing with various investors involved.

Source: YAHOO

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