Trump offers China tariffs reduction to get TikTok deal done
US President Donald Trump said on Wednesday he would be willing to reduce tariffs on China to get a deal done with TikTok’s Chinese parent ByteDance to sell the short video app used by 170 million Americans.
ByteDance has an April 5 deadline to find a non-Chinese buyer for TikTok or face a US ban on national security grounds that was supposed to have taken effect in January under a 2024 law.
The law is the result of concern in Washington that TikTok’s ownership by ByteDance makes it beholden to the Chinese government and that Beijing could use the app to conduct influence operations against the United States and collect data on Americans.
Trump said he was willing to extend the April deadline if an agreement over the social media app was not reached.
TikTok faces potential ban in the U.S. by 2025 following court ruling
TikTok, ByteDance sue to block US law seeking sale or ban of app
He acknowledged the role China will play in getting any deal done, including giving its approval, saying “maybe I’ll give them a little reduction in tariffs or something to get it done,” Trump told reporters. TikTok did not immediately comment.
China’s commerce ministry said its position on the tariff issue is consistent and that Beijing is willing to engage with Washington on the basis of mutual respect, equality and mutual benefit, during a regular news conference on Thursday.
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 Beijing.
In February and earlier this month, Trump added levies totaling 20% to existing tariffs on all imports from China.
Getting China to agree to any deal to give up control of a business worth tens of billions of dollars has always been the biggest sticking point to getting any agreement finalized.
Trump has used tariffs as a bargaining chip in the TikTok negotiations in the past. On January 20, his first day in office, he warned that he could impose tariffs on China if Beijing failed to approve a U.S. deal with TikTok.
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 April 5.
For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.