Trump Suggests Tariff Relief for China if TikTok Deal Approved

Former President Donald Trump has indicated that China could receive tariff relief if it approves a deal involving TikTok. This statement comes amid ongoing discussions about the future of the popular social media platform in the U.S. The Biden administration has set a deadline for ByteDance, TikTok's parent company, to divest its U.S. operations or face a potential ban.

Trump's comments suggest a possible shift in U.S. policy towards China, contingent on the outcome of the TikTok negotiations. The proposed deal would see TikTok's U.S. operations sold to an American company, potentially easing tensions between the two economic giants. Senator J.D. Vance has been vocal about the need for a resolution, emphasizing national security concerns related to data privacy and foreign influence.

The situation remains fluid, with stakeholders from both countries closely monitoring developments. The outcome of the TikTok deal could have significant implications for U.S.-China relations and the global tech landscape.

• ByteDance
• China
• Donald Trump
• TikTok

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Who put a bid on TikTok?

Amazon submitted a bid to the White House to purchase the social media app TikTok from its Chinese owners, CNBC has confirmed.

Did Amazon put in a bid for TikTok?

WASHINGTON (AP) — Amazon has put in a bid to purchase TikTok, a Trump administration official said Wednesday, in an eleventh-hour pitch as a U.S. ban on the platform is set to go into effect Saturday.

Who might buy TikTok?

Amazon, Blackstone, OnlyFans founder among the bidders. With just three days until the deadline for TikTok to spin off from its Chinese-owned parent company or else face a ban in the U.S., new potential suitors have reportedly hopped in the running.

When was TikTok banned?

The administration has set an April 5 deadline for the app to be banned if it is not sold by it's Chinese-owned parent company, ByteDance.