Trump says he would consider reducing China tariffs if there's a deal on TikTok [Globe and Mail, The (Toronto, Canada)]
Roblox Corporation Class A (RBLX)
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Source: Globe and Mail, The
Speaking with reporters at the Oval Office, Trump said the move "sounds like something I’d do.” The president's comments came less than two weeks before an April deadline requiring TikTok's China-based parent company ByteDance to divest or face a U.S. ban. Questions about the fate of the popular video sharing app have continued to linger since a law requiring ByteDance's divestment took effect on Jan. 19. After taking office, Trump gave TikTok a 75-day reprieve by signing an executive order that delayed enforcement of the statute until April 5. Trump reiterated that the deadline on a TikTok deal could be extended further if needed. He previously proposed terms in which the U.S. would have a 50% stake in a joint venture. The administration hasn’t provided details on what that type of deal would entail. But earlier this month, Vice President JD Vance said he was hopeful a deal to keep TikTok operating in the U.S. will be wrapped up by the early April deadline. NBC News reported that
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