Trump said he may reduce tariffs on China to help facilitate TikTok US operations sale

News
Eamonn Sheridan
26/03/2025 | 23:32 GMT
  • Prospect of reduced tariffs on China

Trump said he may reduce tariffs on China to help facilitate a deal for ByteDance to sell TikTok's U.S. operations.

  • He suggested a small tariff reduction could help get the deal done but noted tariffs are worth more than TikTok overall.
  • Trump also indicated he might extend the deadline for the TikTok sale again.

Trump made these remarks during his announcement of auto tariffs earlier:

  • Trump slaps a 25% tariff on all cars not made in the USA
  • The USD has risen after Trump's announcement of 25% tariff on all autos not made in USA
  • Recap of Trump's 25% auto tariff on foreign-made cars starting April 2nd
  • Trump has allowed a one-month tariff exemption for auto parts imports
A look at the Oracle and TikTok deal
    Tags
  • China Stock Market
  • China

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