A TikTok deal may be good for US-China trade
It's becoming clear that everything may be up for negotiation with President Donald Trump. That might not be a bad thing for China. The U.S. leader warned the People's Republic could face tariffs of up to 100% if Beijing does not approve a sale of TikTok,
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Trump warned he could hit China with 100% tariffs if it intervened and blocked a deal to allow 50% U.S. ownership of TikTok.
The President, who has suggested that the U.S. take on 50 percent ownership of TikTok, hinted that potential tariffs on China ...
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