TikTok, China and Trump
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Reuters |
President Donald Trump on Wednesday said a potential deal to spin off the U.S. assets of TikTok is still "on the table" days after it was put on hold.
The Boston Globe |
his administration abruptly said it would suspend these higher rates for 90 days, and instead maintain a recently-imposed 10% levy on nearly all global imports.
ABC |
China's Ministry of Finance announced Friday that Beijing will increase tariffs on all U.S. goods from 84% to 125%, in response to the U.S. "imposition of abnormally high tariffs on China."
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The fate of the app once again hung in the balance Friday in a déjà vu moment for fans of the social media platform. After briefly going dark following a ban in January, President Donald Trump extended the deadline for Chinese parent company ByteDance to sell its U.S. assets to this Saturday, April 5, via executive order.
President Trump on Friday said he would sign another executive order to delay enforcement of a law that effectively bans TikTok, amid talks about a possible deal to sell the widely popular platform. Mr.
"Thanks for your patience and support," the pop-up read. "As a result of President Trump's efforts, TikTok is back in the U.S.!" Even after TikTok "returned" in the U.S., it took weeks to reappear on app stores due to a legal "gray area." Users were unable ...
Trump said his EO will give TikTok's Chinese parent company another 75 days to sell its stake in the social media app or else be banned in the U.S.
The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump's decision to extend a deadline for China-based ByteDance to divest short video app TikTok's U.S. assets violates the law.