Trump said he may reduce tariffs on China to encourage a deal that would result in ByteDance divesting TikTok’s U.S. operations, according to CNBC. He noted that China is going to have to play a role in approving any sale and suggested a tariff cut could help. Trump signed an executive order in January extending the deadline for the deal to April 5. He has said the U.S. should retain a 50% stake in TikTok. Trump added the deadline might be extended again if needed.
