In response, the company owner, bytedance, stressed that there are still questions to be resolved and also emphasized that final decision will depend on Chinese legislation
Last Sunday (6), the president of the United States, announced that the decided to interrupt conversations about selling the . According to Trump, this decision was influenced by the 34% tariffs that the US government imposed on imports from China. This situation further complicated the future of the popular application.
With 170 million users in the United States, Tiktok is faced with a dilemma: it needs to detach from the mother company, Bytedance, or risk being closed. To give the app more time, Trump extended the deadline for finding a non-Chinese buyer, extending it for another 75 days.
“We had an agreement, about Tiktok, not an agreement, but quite close, and then China changed the deal due to tariffs. If I gave them a small discount on tariffs, they would approve this agreement in 15 minutes, which shows the power of tariffs,” Trump told journalists.
Bytedance, in turn, confirmed that negotiations were underway, but stressed that there are still questions to be resolved. The company also emphasized that any final decision on the sale of Tiktok will depend on Chinese legislation, which can further complicate the process.
*Report produced with the aid of AI
Posted by Victor Oliveira
