Trump hints at possible tariff reduction on China in exchange for TikTok

US President Donald Trump hinted at the possibility of offering a slight tariff reduction on China in exchange for a deal involving the Chinese-owned TikTok app.

Speaking to reporters, the US president said that regarding TikTok, “China will have to play a role in this, perhaps by giving approval, and I think they will, and I might give them a slight tariff reduction or something like that to get it done.”

The US president suggested extending the deadline for the TikTok ban in the United States if no agreement is reached regarding the app.

After being banned for hours in early January, TikTok returned to service in the United States after Trump intervened and issued an executive order allowing it to temporarily resume operations in the United States. Trump said at the time, “We have given TikTok a 75-day grace period from the US ban.”