US President Donald Trump claimed a deal on future on Sunday Tikokok The United States was almost finalized but China pulled back in response to the new American tariff.
Speaking on the Air Force one, Trump said that the trend of Beijing changed after slapping 34 percent of tariffs in addition to Washington on all Chinese imports last week.
“The report is that we had a deal, too much for Tikok, not a deal, but very close, and then China changed the deal due to tariff. If I gave a little cut in the tariff, they will approve the deal in 15 minutes, which shows you the power of tariff,” he said.
The President’s comments followed his decision on Friday, which to expand the deadline of Tiktok to find a non-Chinese buyer for another 75 days. Video-sharing platform, which has more than 170 million users in the US, is facing a possible shutdown under a law passed last year that makes the separation from its Chinese original company compulsory, Bidens,
Trump earlier said that his administration was working on a deal that would include several investors to operate Tiktok in the country, although he has provided some nuances.
For its share, Bydens confirmed the ongoing discussions with the US government, but said that “major matters” still needed to be resolved. In a statement, the company said that no agreement was finalized and emphasized that any system would also be “subject to approval under Chinese law”.
