Close Menu
    Trending
    • LeBron James finally opens up on Michael Jordan, GOAT debate
    • Opinion | Why Texas Is Winning the Housing War
    • Alphabet’s Q1 profit beats expectations with Google’s big AI bets paying off
    • Simple treatment tweak drastically reduces blood loss from severe cuts
    • Market Talk – April 29, 2026
    • Heather Rae El Moussa Announces ‘Selling Sunset’ Return In Style
    • Man charged with trying to kill Trump at dinner took photo with knife in hotel, investigators say
    • South Africa to deport Robert Mugabe’s son over firearm offence | Courts News
    Benjamin Franklin Institute
    Wednesday, April 29
    • Home
    • Politics
    • Business
    • Science
    • Technology
    • Arts & Entertainment
    • International
    Benjamin Franklin Institute
    Home»Technology»Trump says he may cut China tariffs to help seal deal to sell the app
    Technology

    Trump says he may cut China tariffs to help seal deal to sell the app

    Team_Benjamin Franklin InstituteBy Team_Benjamin Franklin InstituteMarch 27, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Share
    Facebook Twitter Pinterest Email Copy Link


    US President Donald Trump says he may cut tariffs on China to help seal a deal for short video app TikTok to be sold by its owner ByteDance.

    Trump also said he is willing to extend a 5 April deadline for a non-Chinese buyer of the platform to be found.

    In January, he delayed the implementation of a law passed under the Biden administration to ban TikTok.

    The legislation, which was signed into law in 2024, cited national security grounds for the sell or be banned order.

    “With respect to TikTok, and China is going to have to play a role in that, possibly in the form of an approval, maybe, and I think they’ll do that,” Trump told reporters on Wednesday.

    “Maybe I’ll give them a little reduction in tariffs or something to get it done,” he added.

    Trump also said he expected at least the outline of a deal to be reached by the 5 April deadline.

    He made the comments after announcing new import taxes of 25% on all cars and car parts coming into the US in a move that threatens to widen the global trade war.

    The BBC has contacted TikTok and the Chinese embassy in Washington for comment.

    The biggest sticking point to finalising a deal to sell the TikTok business, which is worth tens of billions of dollars, has always been securing Beijing’s agreement.

    Trump has previously tried to use tariffs as leverage in the negotiations.

    On his first day back in the White House, on 20 January, the president threatened more import duties on China if it did not approve a TikTok deal.

    The hugely popular app is used by around 170 million Americans.

    Trump, who called for TikTok to be banned in his first term as president, now has an account on the platform.

    He has more than 15 million followers and has said he received billions of views on the app during his presidential election campaign.

    Separately, the US increased levies on all imports from China to 20% this month.

    That doubled the tariffs Trump imposed on the world’s second largest economy on 4 February.

    On 10 February, China responded with its own tariffs, including a 10-15% tax on some US agricultural goods.

    Beijing has also targeted various US aviation, defence and tech firms by adding them to an “unreliable entity list” and imposing export controls.

    The 10% levy doubled to 20% on 4 March.

    China has urged the US to return to dialogue with Beijing as soon as possible.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

    Related Posts

    Technology

    The FPGA Chip Is an IEEE Milestone

    April 29, 2026
    Technology

    Tech Life – The workers in the engine room of big tech

    April 28, 2026
    Technology

    Sparse AI Hardware Slashes Energy and Latency

    April 28, 2026
    Technology

    Poem: Danica Radovanović’s “Entanglement: A Brief History of Human Connection”

    April 28, 2026
    Technology

    Engineering Collisions: How NYU Is Remaking Health Research

    April 27, 2026
    Technology

    The Hidden Tradeoffs Powering Joby’s eVTOL Motors

    April 27, 2026
    Editors Picks

    US Justice Dept releasing new batch of Epstein files

    January 30, 2026

    India is profiling Kashmir mosques, raising new surveillance fears | Religion News

    January 19, 2026

    Axolotls can regenerate their thymus, a complex immune system organ

    February 15, 2026

    Trump Proves Doubters Wrong Again With Massive Trade Deal

    May 12, 2025

    Simple treatment tweak drastically reduces blood loss from severe cuts

    April 29, 2026
    About Us
    About Us

    Welcome to Benjamin Franklin Institute, your premier destination for insightful, engaging, and diverse Political News and Opinions.

    The Benjamin Franklin Institute supports free speech, the U.S. Constitution and political candidates and organizations that promote and protect both of these important features of the American Experiment.

    We are passionate about delivering high-quality, accurate, and engaging content that resonates with our readers. Sign up for our text alerts and email newsletter to stay informed.

    Latest Posts

    LeBron James finally opens up on Michael Jordan, GOAT debate

    April 29, 2026

    Opinion | Why Texas Is Winning the Housing War

    April 29, 2026

    Alphabet’s Q1 profit beats expectations with Google’s big AI bets paying off

    April 29, 2026

    Subscribe for Updates

    Stay informed by signing up for our free news alerts.

    Paid for by the Benjamin Franklin Institute. Not authorized by any candidate or candidate’s committee.
    • Privacy Policy
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.