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Trump proposes TikTok sale for tariff relief deal

US President Donald Trump suggested a potential deal involving TikTok and US tariffs on Chinese imports.

Speaking aboard Air Force One, Trump said that China might approve the sale of TikTok, owned by ByteDance, in exchange for tariff relief.

TikTok faces a deadline of Apr. 5, to finalize a deal with a non-Chinese buyer to avoid being banned in the US.

Trump noted that his administration is “very close” to reaching an agreement, with several investors reportedly interested.

This follows Trump’s recent announcement of a 10% baseline tariff on all US imports, with Chinese goods currently facing a 54% tariff.

TikTok has not commented on the matter.

Recent TikTok developments

Timeline
02-Apr-2025 📸 TikTok to shut down its photo-sharing app in May 2025
  • TikTok Notes to shut down on May 8, 2025.
  • Users advised to switch to Lemon8 for photo-sharing.
02-Apr-2025 ⏳ TikTok’s faces uncertainty as deadline approaches on Apr. 5
  • Deadline looms for TikTok’s US operations divestment.
  • Creators diversify amid uncertainty over app’s future.
28-Mar-2025 🛍️ TikTok Shop expands in Europe as US future remains unclear
  • TikTok Shop expands to France, Germany, Italy.
  • High-end products, including Birkin bags, offered.
25-Mar-2025 📉 TikTok global ad chief steps down in leadership shifts
  • Blake Chandlee steps down at TikTok
  • Ad sales growth target set at 50% by 2025

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