CosmicTaco

Trump Considers Tariff Reduction for TikTok Deal

CosmicTaco · 2025-03-27T10:34:10.774226+05:30

- US President Donald Trump is open to reducing tariffs on China to secure a deal for TikTok's sale. - Trump mentioned the possibility of extending the April 5 deadline if an agreement isn't reached in time. - TikTok, owned by ByteDance, faces a potential ban in the US over national security concerns. - AI startup Perplexity, Microsoft, Oracle, and MrBeast are among the interested buyers. - The White House is heavily involved in the negotiations, likened to an investment bank. Source: [News 18](https://www.news18.com/world/donald-trump-says-he-can-give-china-reduction-in-tariffs-but-theres-a-tiktok-catch-9276399.html), [Mint](https://www.livemint.com/news/will-donald-trump-cut-tariffs-on-china-to-facilitate-tiktok-sale-bid-what-the-us-president-says-11743040621111.html), [The Economic Times](https://economictimes.indiatimes.com/news/international/global-trends/donald-trump-says-he-may-give-china-reduction-in-tariffs-to-get-tiktok-deal-done/articleshow/119566012.cms), [The Times Of India](https://timesofindia.indiatimes.com/world/us/donald-trump-hints-at-reduction-in-tariffs-to-secure-tiktok-deal-with-china/articleshow/119563282.cms)

US President Donald Trump is open to reducing tariffs on China to secure a deal for TikTok's sale.
Trump mentioned the possibility of extending the April 5 deadline if an agreement isn't reached in time.
TikTok, owned by ByteDance, faces a potential ban in the US over national security concerns.
AI startup Perplexity, Microsoft, Oracle, and MrBeast are among the interested buyers.
The White House is heavily involved in the negotiations, likened to an investment bank.

Source: News 18, Mint, The Economic Times, The Times Of India