US President Donald Trump said on Wednesday that he was ready to reduce the tariffs to make a deal with Tikok’s Chinese parent bytedance to sell the short video app used by 170 million Americans.
Bytedance has a deadline on April 5 to find a non-Chinese buyer for TikTok or to be a US ban on the national security reasons that should have come into force in January according to a law of 2024.
The law is the result of the concern in Washington that Tikok’s property by bytedance commits the Chinese government and that Beijing could use the app to carry out influences against the United States and collect data about Americans.
Trump said that he was ready to extend the deadline if an agreement on the social media app was not achieved.
He admitted the role that China will play to complete a business, including giving approval and saying reporters: “Maybe I will give you a little reduction in customs or something to do it.”
Tikkok did not comment immediately.
Trump’s comment indicates that the sale of Tikkok is a priority for his administration and is important enough to use tariffs as a negotiation chip with Beijing.
In February and early this month, Trump added 5 percent of the existing tariffs for all imports from China 5 percent of a total of 20 percent.
It has always been the greatest adhesive to agree to give up Beijing in order to give up control over the Tikok unit worth ten billion dollars in order to have concluded an agreement. In the past, Trump has used tariffs as a negotiation chip in the TikTok negotiations.
Customs threatened before
On January 20, Trump’s first day of the office, he warned that he could impose China on tariffs if it could not approve a US contract with Tiktok. At the beginning of this month, the President increased his additional tariffs for all imports from China to 20 percent, compared to 10 percent in February.
The US Vice President JD Vance has explained that the general conditions of an agreement await the ownership of the social media platform by April 5.
REUTERS reported last week that the discussions between the discussions among investors held by the white do a plan for the largest non-Chinese Bytedance-Backer-byted-Backer to increase their efforts and to acquire the US app’s US operations.
The future of the app used by almost half of all Americans has been in air in the air last year with overwhelming party support that requires Bytedance to sell Tiktok by January 19.
The app was briefly dark in January after the US Supreme Court had confirmed the ban, but it fell back to life days later when Trump took up his office.
He quickly gave an executive regulation that postponed the enforcement of the law to April 5, and said last month that he could extend this deadline to give time to say goodbye.
The White House was involved in the closely observed deal talks at an unprecedented level and effectively played the role of Investment Bank.
Proponents of freedom of speech have argued that the prohibition threatens illegally to prevent the Americans from accessing foreign media that violate the first change in the US constitution.
