Skip to main content
Trump’s TikTok Deal Stalls Amid China’s Tariff Objections

Trump’s TikTok Deal Stalls Amid China’s Tariff Objections

Former President Donald Trump has revealed that a potential deal involving TikTok is on the brink of collapse due to China's objections to proposed tariffs. Trump, who has been closely monitoring the negotiations, stated that the deal was 'pretty close' to being finalized before the Chinese government raised concerns over the tariffs.

The TikTok deal, which has been under scrutiny for months, received another 75-day extension, pushing back the deadline for a resolution. This extension comes as the U.S. government continues to weigh the national security implications of the popular social media platform, which is owned by the Chinese company ByteDance.

Despite the extension, the future of TikTok in the U.S. remains uncertain. The stalled negotiations highlight the ongoing tensions between the U.S. and China over trade and technology. Trump's administration had previously imposed tariffs on Chinese goods, and the current situation suggests that these economic measures are impacting broader diplomatic relations.

Detailed

Related issues news

Is TikTok banned in the US?

Trump signed an executive order in January, which only delayed TikTok's ban by 75 days. His order did not overturn the ban on the app passed into law by Congress and upheld by the US Supreme Court.

Why is TikTok banned?

In late January, 170 million Americans lost access to TikTok after the popular app was banned in the U.S. due to national security concerns over its China-based parent company, ByteDance.

When will TikTok be banned in April?

Once again, the future of TikTok in the US is at stake. After a years-long tussle over whether or not to ban the app in the country, the deadline for the company to divest or sell its assets to a non-Chinese owner is up again on 5 April.

Why is TikTok getting banned on April 5th?

Congress passed the ban last year with overwhelming bipartisan support over national security fears that an app used by more than half of Americans should not be controlled by a company in China, a foreign adversary of the U.S. TikTok fought the ban all the way to the Supreme Court, calling it a violation of free ...

Can you Like

The UK Prime Minister has reportedly acknowledged the end of globalization in response to former President Donald Trump's tariffs, according to multiple sources. This statement comes amidst ongoing tr...
Amidst a backdrop of global market turbulence, U.S. President Donald Trump remains optimistic about the economic impact of his tariff policies. Despite recent market crashes following the announcement...
Former President Donald Trump's recent tariff proposals have sent ripples of uncertainty through global financial markets. According to reports from The Wall Street Journal, CNN, The Guardian, and The...