Trump, TikTok
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CNN |
Two large hurdles must be cleared for any potential deal: Trump must sign off on a proposal and China’s President Xi Jinping must then agree.
U.S. News & World Report |
President Donald Trump has signaled that he is confident his administration can broker an agreement with ByteDance, the social media app's China-based parent company.
USA Today |
Congress passed a law last year forcing ByteDance to sell TikTok’s U.S. operations or face a nationwide ban.
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President Donald Trump has floated tariff relief for China in exchange for the country’s approval of a deal to sell TikTok to a U.S. buyer. That proposal has predictably been panned by Democrats and Republicans alike.
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ET Now on MSNTikTok in US: Deal done? Why Donald Trump wants ByteDance to sell America business to new investors?TikTok, a popular video-sharing application owned by the China-based company ByteDance, has faced significant legal and regulatory challenges in the United States.According to reports, the White House is getting closer to backing a deal that would allow US investors to acquire TikTok's American operations.
President Trump is reportedly set to consider a final proposal for a TikTok deal on Wednesday ahead of Saturday’s deadline – as another report claimed Andreesen Horowitz has joined negotiations to buy out the video-sharing app’s Chinese investors.
President Donald Trump said Wednesday he may reduce tariffs on China to help facilitate the forced sale of TikTok just