Tech
Donald Trump says he may cut tariffs on China to secure TikTok deal
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President Donald Trump said he would consider lowering tariff rates imposed on China to secure Beijing’s support for a sale of the US operations of ByteDance Ltd.’s social video platform TikTok to an American company.
“Every point in tariffs is worth more than TikTok,” Trump told reporters Wednesday in the Oval Office. He suggested that “in order to get China” to agree to a sale, “maybe I’d give them a reduction in tariffs.”
Trump was speaking at an event to announce a new 25% duty on automobile imports, ahead of a planned…
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