Trump Considers Tariff Reductions for TikTok Deal

U.S. President Donald Trump announced potential tariff reductions on China to facilitate a deal involving TikTok. He also indicated a possible extension of deadlines if no agreement is reached. The deal would require some form of Chinese approval.

In a move to secure an agreement involving the social media platform TikTok, U.S. President Donald Trump suggested he might offer China a slight reduction in tariffs. The announcement came as Trump spoke with reporters on Wednesday.

Trump emphasized that China's role in approving the deal is crucial, suggesting a possible pathway to resolution through tariff adjustments. This potential shift indicates a strategic maneuver to engage with China effectively.

Moreover, Trump hinted at extending the looming deadline for the agreement, should negotiations require more time. This flexibility underscores the importance of reaching a successful deal over the app.

(With inputs from agencies.)