Trump Open to Tariff Concessions for China in Exchange For TikTok Deal
President Donald Trump said he would be open to lowering tariffs on China to win the Chinese government’s support for a sale of TikTok’s U.S. operations, Bloomberg reported. Trump’s comments confirming longstanding speculation about his willingness to bargain on tariffs in exchange for a …
Related Knowledge Center: The TikTok ban
The U.S. Congress passed and President Joe Biden signed into law a measure banning TikTok if it weren’t sold by its Chinese ownership. But now-President Donald Trump gave the service a reprieve, and a sale of its U.S. operations appears imminent.