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BumRushDaShow

(149,911 posts)
Thu Mar 27, 2025, 12:29 PM Thursday

Trump floats easing tariffs on China in return for TikTok deal

Source: The Guardian/Reuters

Thu 27 Mar 2025 02.03 EDT
Last modified on Thu 27 Mar 2025 02.23 EDT


Donald Trump has said he would be willing to reduce tariffs on China to get a deal done with TikTok’s Chinese parent company ByteDance to sell the social media app used by 170 million Americans.

He acknowledged the role China would play in any agreement. “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’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. TikTok did not immediately comment.

ByteDance has a 5 April 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.

Read more: https://www.theguardian.com/technology/2025/mar/27/donald-trump-china-tariffs-tiktok-deal

8 replies = new reply since forum marked as read
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Walleye

(39,211 posts)
1. "Floats, hints, teases, signals". Does anybody say anything outright in this administration?
Thu Mar 27, 2025, 12:32 PM
Thursday

Norrrm

(1,006 posts)
3. A "deal". What's in it for Trump? How much ownership stake does he want?
Thu Mar 27, 2025, 12:36 PM
Thursday

Donald does not care about our country. He is in it for himself.

Doodley

(10,637 posts)
4. Trump - Truth Social MAGA Propaganda. Musk - X MAGA Propaganda. Tick Tock - To be another sewer of MAGA propaganda.
Thu Mar 27, 2025, 12:46 PM
Thursday

Mr. Sparkle

(3,374 posts)
6. Do we really want right wingers to own another social media company?
Thu Mar 27, 2025, 01:03 PM
Thursday

They own most of the media and now social media too.

BumRushDaShow

(149,911 posts)
7. We seem to refuse to buy up companies like this
Thu Mar 27, 2025, 03:09 PM
Thursday

and instead put our money into helping people. We need to do BOTH.

The only one "from the left" who did a big media buy was Soros when he bought majority stake in Audacy (his son generally runs the businesses) last year (which includes a couple hundred radio stations). Of course this set the RWosphere into foaming-at-the-mouth madness.

Mr. Sparkle

(3,374 posts)
8. I didnt know Soros bought Audacy, but thats really a drop in the ocean compared to Twitter and CNN in the last few years
Thu Mar 27, 2025, 04:37 PM
Thursday

for whatever reason, rich lefties don't want to buy mass media and tell the population, how they should live their lives.

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