Trump says he may give China reduction in tariffs to get TikTok deal done

ByteDance has an
The law is the result of concern in
Trump said he was willing to extend the April deadline if an agreement over the social media app was not reached.
He acknowledged the role
TikTok did not immediately comment.
Trump's comment suggests the sale of TikTok's is a priority for his administration and important enough to use tariffs as a bargaining chip with
In February and earlier this month, Trump added levies totaling 20% to existing tariffs on all imports from
Getting
On
Vice President JD Vance has said he expects the general terms of an agreement that resolves the ownership of the social media platform to be reached by
Reuters reported last week that
The future of the app used by nearly half of all Americans has been up in the air since a law, passed with overwhelming bipartisan support, required ByteDance to divest TikTok by
The app briefly went dark in January after the
Trump quickly issued an executive order postponing enforcement of the law to
The
Free speech advocates have argued that the ban unlawfully threatens to restrict Americans from accessing foreign media in violation of the First Amendment of the U.S. Constitution.
(Reporting by
(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

Related News

-
Stocks slide, bonds buoyed as tariffs fan recession fears
Reuters - 12:56 AM ET 3/31/2025
-
Analysis-For China and US Inc, Trump's trade war feels much worse this time
Reuters - 12:04 AM ET 3/31/2025
-
Analysis-Shrinking US risk premium to divert more cash into Europe
Reuters - 1:26 AM ET 3/31/2025
-
Exclusive-Dude, where's my car? Toyota buyers face long waits amid hybrid boom
Reuters - 1:31 AM ET 3/31/2025
-
Oil markets wait to see if Trump's Russian oil tariff threat is a bluff
Reuters - 1:07 AM ET 3/31/2025
-
Make Europe Great Again trades are gaining traction
Reuters - 12:06 AM ET 3/31/2025
-
Morning bid: Risk assets trampled as Trump touts tariffs for all
Reuters - 1:38 AM ET 3/31/2025