President Donald Trump stated on Thursday that he would consider offering tariff relief to China if Beijing approves a deal for the sale of TikTok, the short video app owned by ByteDance.
Trump suggested that the ongoing negotiations over TikTok could serve as an example of how tariffs can be leveraged in trade negotiations.
Speaking to reporters aboard Air Force One, Trump explained, "You have a situation with TikTok where China will probably say: 'We'll approve a deal, but will you do something on the tariffs?'" He emphasized that tariffs could be used to gain favorable concessions from other countries, including China, in this case.
TikTok, which is under pressure to find a non-Chinese buyer by April 5 to avoid a potential ban in the United States, has become a key point of contention between the U.S. and China. The app faces significant scrutiny from U.S. lawmakers over security concerns related to its Chinese ownership. Trump mentioned that his administration is "very close" to reaching a deal on TikTok, with several investors currently involved in the negotiations.
Trump's comments came just a day after he announced a 10% baseline tariff on all imports to the U.S. and raised duties on some of the country’s biggest trading partners, including China. As of now, China is facing a 54% tariff on goods imported into the U.S.
TikTok has not yet responded to a request for comment regarding Trump's remarks. The situation highlights the ongoing use of tariffs as a tool for negotiating with China and other nations in the broader context of U.S. trade policy.
The U.S. is set to offer Saudi Arabia a weapons deal worth over $100B during Trump’s visit in May. The package includes advanced systems like drones and C-130 planes, with discussions on F-35 jets. The deal follows Biden’s failed defense pact negotiations.
In an expansive interview marking his first 100 days back in office, President Donald Trump sketched out an agenda that touches everything from punitive tariffs and China policy to cease-fire hopes in Ukraine and an overhaul of domestic programmes. Below are the highlights.
U.S. President Donald Trump told *Time* on Friday that he and China’s Xi Jinping are negotiating a tariff deal and have spoken by phone—an account Beijing continues to challenge.
A top envoy from President Donald Trump’s administration arrived in Moscow for talks with President Vladimir Putin on Thursday, just hours after a high-ranking Russian general was assassinated in a rare car bomb attack in the capital.
The United States is set to host an energy summit in Alaska in early June, where President Donald Trump’s administration hopes Japan and South Korea will commit to the $44 billion Alaska LNG project, a major energy initiative aimed at expanding U.S. gas exports to Asia.
The global movement against sex trafficking has lost a key voice, as Virginia Giuffre, a prominent figure in exposing Jeffrey Epstein’s crimes, has died in Australia at the age of 41.
After weeks of no new infections, Uganda has officially brought its latest battle against the deadly ebola virus to a close, authorities announced on Saturday.
China and Kazakhstan have reaffirmed their commitment to strengthening their permanent comprehensive strategic partnership, pledging to boost cooperation across key sectors during the second China-Kazakhstan Foreign Ministers' Strategic Dialogue in Beijing.
Thousands of mourners and dozens of world leaders are attending the funeral of Pope Francis at St. Peter’s Basilica, following his death at age 88.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
The Holy Fire ceremony stands as one of Christianity's most enduring and mysterious rituals, drawing thousands of pilgrims to Jerusalem each year.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
The global movement against sex trafficking has lost a key voice, as Virginia Giuffre, a prominent figure in exposing Jeffrey Epstein’s crimes, has died in Australia at the age of 41.
China and Kazakhstan have reaffirmed their commitment to strengthening their permanent comprehensive strategic partnership, pledging to boost cooperation across key sectors during the second China-Kazakhstan Foreign Ministers' Strategic Dialogue in Beijing.
Thousands of mourners and dozens of world leaders are attending the funeral of Pope Francis at St. Peter’s Basilica, following his death at age 88.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
The DRC and Rwanda have pledged to draft a peace deal by May 2 and stop backing armed groups, as part of new efforts to end conflict in eastern Congo.
The global movement against sex trafficking has lost a key voice, as Virginia Giuffre, a prominent figure in exposing Jeffrey Epstein’s crimes, has died in Australia at the age of 41.
After weeks of no new infections, Uganda has officially brought its latest battle against the deadly ebola virus to a close, authorities announced on Saturday.
China and Kazakhstan have reaffirmed their commitment to strengthening their permanent comprehensive strategic partnership, pledging to boost cooperation across key sectors during the second China-Kazakhstan Foreign Ministers' Strategic Dialogue in Beijing.
Thousands of mourners and dozens of world leaders are attending the funeral of Pope Francis at St. Peter’s Basilica, following his death at age 88.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment