April 9, 2025

'It was close, but China changed because of tariffs': Trump on TikTok deal

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US President Trump stated that a TikTok deal was nearly finalised before China altered its stance in response to new US tariffs. Following an additional 34% tariff on Chinese imports, Trump mentioned that a reduced tariff would expedite the approval. TikTok has extended the deadline to find a non-Chinese buyer by 75 days.

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