Social mediaTrump: Could lower tariffs for China for Tiktok deal
SDA
27.3.2025 - 00:42
Under US law, Tiktok should have been sold by China-based owner Bytedance by January 19 - or go offline in the US. (archive image)
Keystone
US President Donald Trump has held out the prospect of lower additional tariffs for China in exchange for the Chinese government's approval of the Tiktok sale. Trump conceded that Beijing would "possibly" have a say in the deal.
Keystone-SDA
27.03.2025, 00:42
SDA
The US president thinks that China will approve a sale. "Maybe I'll give them a small reduction in tariffs or something like that to be able to close the deal," Trump said. Every percentage point of tariffs is worth more than the short video platform, he said.
Under US law, Tiktok was supposed to have been sold by China-based owner Bytedance by January 19 - or go offline in the US. However, President Donald Trump granted a grace period of 75 days, which expires on April 5. He has now also reiterated an extension of the deadline if necessary - although there is no basis for this in the law.