China Rejects Trump’s Tariff Offer in Exchange for TikTok Sale

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RksNews 2 Min Read
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China has refused U.S. President Donald Trump’s offer of tariff reductions in exchange for approving the sale of TikTok to a non-Chinese buyer.

The popular video platform, owned by Chinese tech giant ByteDance, is at risk of being banned in the U.S. unless the company sells its American operations.

China’s Response

  • Foreign Ministry Spokesperson Guo Diakun reaffirmed China’s long-standing opposition to additional U.S. tariffs, emphasizing that Beijing’s position remains unchanged.
  • The rejection follows Trump’s statement that he might lower tariffs on China to facilitate a deal for TikTok’s sale.

Trump’s Tariff Strategy

  • On March 26, Trump announced new 25% tariffs on all imported cars and auto parts.
  • Chinese EVs, already under a 100% tariff since August 2024, will now face a 125% tariff.
  • U.S. import tariffs on all Chinese goods were raised to 20% in March, doubling previous rates.

TikTok’s Fate in the U.S.

  • Trump extended the deadline for ByteDance to sell TikTok’s U.S. operations until April 5.
  • Without a deal, the app will be banned in the U.S., affecting 170 million users.
  • Beijing’s approval remains the biggest obstacle in the multi-billion-dollar sale negotiations.

China has urged Washington to return to dialogue, but with mounting trade tensions and a looming TikTok ban, a resolution remains uncertain.

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