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News in English (USA) / 27.03.2025 / 15:00

Trump Considers Tariff Reductions to Finalize TikTok Deal with China

Former President Donald Trump has suggested he might reduce tariffs on China as part of negotiations to finalize a deal involving the popular app TikTok. Trump indicated that a potential tariff reduction could facilitate an agreement ahead of a looming ban on TikTok, emphasizing that tariffs serve as a negotiating tool in the ongoing discussions. Despite these suggestions, a response from China has been dismissive of the proposal. As negotiations continue, lawmakers are urging Trump to work with Congress to extend the TikTok deadline and consider the implications of the ongoing discussions on various tech companies. Meanwhile, bidders for TikTok are reportedly exploring partnerships with major tech firms like Google and Microsoft for cloud services to support any potential acquisition.
The New York Times, Fox Business, The Guardian, BBC.com, CNBC, New York Post , Axios, Bloomberg, South China Morning Post, Al Jazeera English