Trump May Cut China Tariffs to Aid TikTok Deal

Reuters
Reuters

U.S. President Trump says he could reduce tariffs and extend a deadline to support the sale of TikTok to a non-Chinese buyer.

U.S. President Donald Trump has said he may reduce tariffs on China to help facilitate a deal for the sale of TikTok, currently owned by Chinese company ByteDance.

Trump also indicated he is open to extending the April 5 deadline for securing a non-Chinese buyer for the platform.

In January, he delayed the enforcement of a law passed under the Biden administration that would ban TikTok unless it is sold. The legislation, signed into law in 2024, cites national security concerns as the basis for the "sell or be banned" order.

Trump added that he expects at least the framework of a deal to be in place by the April 5 deadline.

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