US EditionTikTok deal put on hold after China indicated it would reject deal over tariffs: Report
- President Donald Trump signed an executive order extending TikTok's deadline for 75 days to negotiate a deal for American ownership of the app.
- Beijing rejected the deal after Trump announced global tariffs, affecting negotiations.
- Congress mandated TikTok's divestment from China by January 19 or it would be banned due to national security risks, with bipartisan support.
- Concerns remain about national security as long as ByteDance retains control over TikTok's algorithm.
96 Articles
96 Articles
Sources: Customs behind stranded Tiktok negotiation
The trade war makes the future of TikTok in the US even more uncertain. China does not want to approve a purchase of the American part of the app, according to media reports. The reason is the high tariffs announced by Donald Trump on Chinese imports.
China puts TikTok deal on hold after Trump announces wide-ranging tariffs: Report
China halted a deal with the United States over TikTok ownership after US President Donald Trump announced wide-ranging tariffs around the world, including Beijing. Trump said that he is signing an executive order to keep TikTok running in the US for another 75 days to give his administration more time to broker a deal to bring the social media platform under American ownership. The order was announced as the White House officials were under th…
China hit brakes on TikTok deal in wake of Trump tariffs
WASHINGTON — President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the US for another 75 days. This is meant to give his administration more time to broker a deal to bring the social media platform under American ownership. The order was announced as White House officials
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