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Donald Trump will try to deal with TikTok in current time frame, US Commerce chief says
Economic Times
·
4m ago
Medial
US President Donald Trump is working to address the TikTok situation within a given timeframe, according to U.S. Commerce Secretary Howard Lutnick. The administration is engaging with four groups regarding the sale of the Chinese-owned platform. In January, Trump signed an executive order postponing enforcement of a U.S. law by 75 days, requiring ByteDance, TikTok's owner, to sell the platform due to national security concerns or face a ban.
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Trump says 'very close to a deal' on TikTok
Economic Times
·
4m ago
Medial
President Donald Trump announced that the U.S. is close to finalizing a deal for TikTok, which threatens a U.S. ban unless sold by its Chinese owner, ByteDance. TikTok, with over 170 million American users, is under scrutiny due to national security concerns about Chinese government control. Current negotiations involve multiple investors, possibly including Oracle and Blackstone, aiming to reduce Chinese ownership. The deal might also influence ongoing U.S-China tariff discussions.
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Trump says 'must have time' to decide on TikTok ban
Economic Times
·
6m ago
Medial
Incoming US President Donald Trump stated that the Supreme Court's decision to uphold a congressional ban on TikTok should be respected. However, he emphasized the need for time to decide on enforcing the ruling. Trump mentioned that his decision regarding TikTok would be made soon, but he requires time to thoroughly review the situation. He communicated this through his social media platform, Truth Social, asking people to stay tuned for his final decision.
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Trump says any TikTok deal would not mirror Nippon-US Steel
Economic Times
·
2m ago
Medial
President Donald Trump stated that any agreement to prevent TikTok from being banned in the U.S. would differ from the anticipated deal between Japan's Nippon Steel and U.S. Steel. He mentioned that China would need to approve any TikTok deal. Trump made these remarks to reporters while in the Oval Office, highlighting that the circumstances surrounding the deal would be unique and not a replication of past international agreements.
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Trump Signals Willingness to Delay TikTok Ban Deadline Amid US-China Tariff Dispute
OutlookIndia
·
2m ago
Medial
US President Donald Trump is considering extending the deadline for ByteDance to divest TikTok’s US assets, amid US-China tariff disputes. Trump postponed a TikTok ban twice, valuing its connection with young voters, and expressed interest in protecting the app. A potential US-based deal is hindered by China's non-approval, relating to reciprocal tariffs. TikTok denies allegations of security threats or manipulation, asserting its independence from any governmental influence, including China.
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Donald Trump says would be open to Musk buying TikTok
Economic Times
·
6m ago
Medial
US President Donald Trump expressed openness to Elon Musk, owner of social media platform X, potentially buying TikTok, the Chinese-owned app facing a US ban unless divested from ByteDance. Trump has paused enforcing the law against TikTok and suggested a 50-50 partnership between the US and ByteDance. Despite TikTok's brief shutdown and restoration in the US, app availability remains limited, as Apple and Google have yet to provide downloads or updates.
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Trump says US talking to four different groups on Tiktok
Economic Times
·
4m ago
Medial
US President Donald Trump stated that his administration was negotiating with four groups regarding the sale of TikTok, owned by China's ByteDance, due to national security concerns. This follows a law mandating the app's sale or a potential ban, effective January 19. Trump signed an executive order to delay enforcement by 75 days. Multiple parties are interested in TikTok, estimated to be valued up to $50 billion.
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Trump says China could get tariff relief if it approves TikTok deal
Economic Times
·
4m ago
Medial
President Donald Trump indicated he might consider tariff relief for China if it approves a sale agreement for TikTok, owned by ByteDance. Speaking aboard Air Force One, Trump highlighted the potential use of tariffs as a negotiation tool, suggesting China might exchange TikTok's approval for tariff concessions. TikTok faces an April 5 deadline to find a non-Chinese buyer to avoid a U.S. ban. Discussions involved multiple investors, and Trump's administration is close to a deal.
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Trump says he 'most likely' will give TikTok 90-day extension to avoid US ban
Economic Times
·
6m ago
Medial
President-elect Donald Trump is considering giving TikTok a 90-day extension to avoid a U.S. ban, allowing more time for its Chinese parent company to sell its U.S. operations. The law banning the app takes effect Sunday, but Trump might announce an extension Monday. The Biden administration has left the decision to Trump, whose inauguration is a day after the ban. TikTok seeks assurance against enforcement, while Apple, Google, and Oracle remain silent on their plans.
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Trump says US will start talks with China on TikTok deal this week - The Economic Times
Economic Times
·
1m ago
Medial
U.S. President Donald Trump announced plans to start talks with China regarding a potential TikTok deal. He mentioned discussions would likely begin on Monday or Tuesday, potentially involving President Xi or his representatives. The U.S. had extended the deadline for ByteDance, TikTok's parent company, to divest its U.S. assets. A previous deal to establish a new U.S.-based entity was stalled after China objected, necessitating new negotiations. Trump expressed cautious optimism about reaching an agreement.
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Trump says without TikTok, 'Facebook and Zuckerschmuck will double their business'
Business Insider
·
1y ago
Medial
Former President Donald Trump has expressed concern over the potential ban of TikTok in the US. He believes that eliminating the app could strengthen Facebook and its CEO, Mark Zuckerberg. Trump's comments come after TikTok users launched a campaign against a proposed bill that would ban the app or require its sale to a non-Chinese company. The White House supports the bill, which aligns with Trump's previous stance on TikTok. Trump has a history of feuding with Zuckerberg, calling him a "criminal" and accusing him of interfering in elections.
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