Trump demands China sell TikTok in exchange for 'a little bit of tariff reduction'

 




U.S. President Trump announced at the White House on Wednesday that a 25% tariff would be imposed on all imported cars. He also said that he could consider "reducing tariffs on China a little" in exchange for China's approval of the sale of TikTok to a U.S. company.  Reuters reported that Trump said: "Maybe I'll give them a little bit of a reduction in tariffs or something to get it done, you know, because every little bit of tariffs is worth more than TikTok."  TikTok's parent company, ByteDance, has until April 5 to find a buyer outside of China or face a US ban over national security concerns.  This station previously reported that the U.S. Congress passed a bill last year requiring TikTok's parent company, ByteDance, to divest its ownership of TikTok within a deadline, otherwise the app would be banned in the United States. After taking office, Trump signed an order delaying the implementation of the ban.  At a regular press conference on the 27th, Chinese Foreign Ministry spokesman Guo Jiakun, referring solely to the US's planned 25% tariff on imported cars, stated that there are no winners in trade wars or tariff wars. He criticized the US approach, saying it violates WTO rules, undermines the rules-based multilateral trading system and the common interests of people of all countries, and is unhelpful in resolving its own problems.








U.S. President Trump announced at the White House on Wednesday that a 25% tariff would be imposed on all imported cars. He also said that he could consider "reducing tariffs on China a little" in exchange for China's approval of the sale of TikTok to a U.S. company.

Reuters reported that Trump said: "Maybe I'll give them a little bit of a reduction in tariffs or something to get it done, you know, because every little bit of tariffs is worth more than TikTok."

TikTok's parent company, ByteDance, has until April 5 to find a buyer outside of China or face a US ban over national security concerns.

This station previously reported that the U.S. Congress passed a bill last year requiring TikTok's parent company, ByteDance, to divest its ownership of TikTok within a deadline, otherwise the app would be banned in the United States. After taking office, Trump signed an order delaying the implementation of the ban.

At a regular press conference on the 27th, Chinese Foreign Ministry spokesman Guo Jiakun, referring solely to the US's planned 25% tariff on imported cars, stated that there are no winners in trade wars or tariff wars. He criticized the US approach, saying it violates WTO rules, undermines the rules-based multilateral trading system and the common interests of people of all countries, and is unhelpful in resolving its own problems.

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