Trump says the United States has a “big power to negotiate” with China on Tiktok Sale

President Donald Trump acts once again a prices reduction carrot in China to bring it into a tiktok agreement.

Trump spoke to journalists on Air Force One Thursday, one day after imposing a reference rate at 10% on imports from all countries and increased the rate of China to 54%.

He said that it would be open to the conclusion of agreements with countries on prices, only if they are ready to give in the United States “something that is so phenomenal”.

“For example, with Tiktok as an example, we have the situation with Tiktok, where China will probably say:” We will approve an agreement, but will you do something on the price? “,” Said Trump.

“The prices give us great power to negotiate, still,” he added.

When another journalist asked if he was in talks with China to grant prices in exchange for an agreement on Tiktok, Trump replied that he was not.

Trump has already launched the possibility of using prices to negotiate a tiktok agreement with China.

At a press conference on March 26, Trump said China will have to “play a role” in the sale of Tiktok “, perhaps in the form of approval”.

“Maybe I’m going to give them a little reduction in prices or something to do it, you know, because each point of the prices is worth more money than Tiktok,” Trump told journalists in the oval office.

This comes then that the deadline for divesting or bank of Tiktok, scheduled for April 5, the edges closer. In April 2024, the Senate adopted a law ordering the Chinese owner of Tiktok, Bytedance, to sell its participation in the social media platform or to have it prohibited in the United States.

When he came into office in January, Trump signed an executive decree delaying the 75 -day ban, temporarily preventing him from becoming dark for American users.

In recent months, several parties have indicated the interest in the acquisition of Tiktok, such as the former Treasury Secretary of Trump, Steve MnuchinReddit co -founder Alexis OhanianThe former owner of Los Angeles Dodgers, Frank McCourt, and Youtuber Mrbeast.

There have also been reports of several eleventh time of Amazon and the owner of the adult content site only fans to buy the platform.

Vice-president JD Vance said in an interview Thursday with Fox News that a Tiktok agreement would be concluded before the deadline of April 5.

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China prices

Trump on Wednesday increased the tariff rate of China by 20% to 54%, arousing criticism from the Chinese government.

Trump first imposed a 10% price on Chinese products in February before double it’s 20% In March. During the campaign of the campaign last year, Trump said he would impose Prices over 60% Prices on goods from China if it is elected.

China quickly retaliated in the two cycles of Trump’s prices. In February, in China imposed A 10% tariff on crude oil and agricultural equipment and a 15% rate on coal and liquefied natural gas. In March, in China put A 10% price on imports of soy, pork and beef from the United States, as well as a 15% rate on chicken and cotton imports.

In response to Trump’s increased prices on Wednesday, the Chinese Ministry of Commerce said in a statement that it “would resolutely take countermeasures to protect its own rights and interests”.

“Trade wars do not have winners and protectionism has no way out. The Chinese party urges the United States to immediately raise its unilateral tariff measures and properly resolve the differences with business partners by an equal dialogue,” he added.

At the time of the press, China has not announced any reprisals.

Trump representatives did not respond to a request for comments from Business Insider.