CosmicTaco
CosmicTaco
11mo

Trump Considers Tariff Reduction for TikTok Deal

  • 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

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11mo ago
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