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Trump is “desperate” to make a deal—China isn’t, analysts say
Arstechnica
·
3m ago
Medial
Analysts suggest that Donald Trump is eager to finalize a trade deal with China, as he considers reducing tariffs on Chinese imports. However, China appears in no rush, leveraging the situation to seek more favorable terms. Economists believe Trump's urgency could weaken the U.S. position, while China's strategic patience may offer them a better deal. Additionally, unresolved trade tensions complicate business decisions, such as ByteDance's attempt to spin off TikTok to avoid U.S. sanctions.
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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 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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With deadline looming, details of a potential TikTok deal emerge
Economic Times
·
4m ago
Medial
With the deadline for TikTok's sale or US ban approaching, negotiations shape a potential deal. The Trump administration considers a plan to spin off TikTok into a new company, involving American investors to reduce Chinese ownership. Despite TikTok's significant user base, selling faces challenges, including Chinese government resistance. Trump hints at using TikTok in tariff negotiations with China. Congress's stance on a non-sale deal remains uncertain. An announcement is expected soon.
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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 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 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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Apple has had few incentives in the past to start making iPhones in US
Economic Times
·
2m ago
Medial
President Trump threatened a 25% tariff on iPhones unless Apple moves production to the US, amidst the trade war with China. Apple CEO Tim Cook responded by stating that most US iPhones would be sourced from India, projecting a cost of $900 million due to tariffs. Analysts speculate that moving production to the US could triple iPhone prices, significantly impacting sales. Apple aims to negotiate with Trump, while facing challenges from rising AI technologies and changing market dynamics.
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Trump says TikTok sale deal to come before April 5 deadline
Economic Times
·
4m ago
Medial
Former President Donald Trump announced that a deal for TikTok's sale by its Chinese parent company, ByteDance, would be finalized before the April 5 deadline. The U.S. demands a non-Chinese buyer due to national security concerns. Blackstone is considering joining existing investors to bid for TikTok's U.S. operations. Despite China's involvement, the White House has been instrumental in the negotiations. The deal is crucial due to potential data influence operations against the U.S. by China.
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China defends Russian oil buys after Trump's tariff threats
Economic Times
·
15h ago
Medial
China defended its Russian oil purchases as legitimate, countering U.S. scrutiny after India faced secondary sanctions for similar transactions. The Chinese Foreign Ministry emphasized their lawful energy trade with Russia, stating they will prioritize national interests. President Trump hinted at imposing additional tariffs on China, similar to India's situation. Despite this, U.S.-China relations have slightly stabilized, with both nations agreeing to pause tariffs and continue negotiations toward a potential deal.
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US weighs letting UAE buy over a million advanced Nvidia chips
Economic Times
·
2m ago
Medial
The Trump administration is negotiating a deal to allow the United Arab Emirates to import over a million advanced Nvidia chips, surpassing Biden-era limits. This decision has raised concerns about US hardware reaching China. The deal, still under negotiation, could empower UAE's AI firm G42 and US companies building data centers there. If finalized, it signifies a shift in US policy towards AI expansion in the Middle East, amid concerns about China's technological advancements.
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