Tech
TikTok deal stalled by China’s objections to Tariffs, Trump says
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China’s objections to new US tariffs stalled a deal to sell off TikTok and keep it operating in the US, President Donald Trump said Sunday.
“We had a deal pretty much for TikTok — not a deal but pretty close — and then China changed the deal because of tariffs,” Trump told reporters on Air Force One as he returned to Washington after a long weekend in Florida. “If I gave a little cut in tariffs they would have approved that deal in 15 minutes, which shows the power of tariffs.”
Trump administration officials, including Vice President JD…
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