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Home World India

China would have approved TikTok deal in 15 minutes if I …: Donald Trump

7 April 2025
in India
China would have approved TikTok deal in 15 minutes if I …: Donald Trump
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US President Donald Trump admitted that his tariffs on China hindered a potential deal to sell TikTok, as China objected to the new tariffs, stalling the transaction. Trump mentioned that a deal was close before the tariffs were announced, with US investors like Oracle Corp and Blackstone Inc involved. He extended the deadline for the TikTok deal by 75 days, as US officials work on finding an American buyer with China’s approval, as required by a 2024 law.

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Tags: 2024 law TikTokapprovedByteDanceChinadealDonaldDonald Trump tariffsMinutesTikTokTikTok dealTikTok saleTikTok US approvalTrump
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