Trump Pushes For TikTok Deal, China Could Oblige If It Weren't For Those Tariffs — Here's What We Know

Negotiations over the sale of TikTok's U.S. operations appear to be at an impasse as its Chinese parent company, ByteDance, delays progress while awaiting a green light from Beijing. President Donald Trump's numerous corporate allies are racing to broker a deal with an American buyer.

China, signaling a hardline stance, could let TikTok's U.S. operations be shut down rather than approve a sale without broader trade and tech concessions from Washington, noted the Washington Post in an exclusive story published Wednesday.

The move comes amid escalating tensions following Trump's new tariffs on China, which prompted retaliation from Beijing. China also restricted exports of key minerals and launched an antitrust investigation into Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG).

Read Also: China Strikes Retaliatory Measures Against US Following Trump’s 10% Tariffs: It’s ‘Much-Less Than Proportional,’ Analyst Says

The stalemate could thwart Trump's efforts to "save TikTok," which were on display when he signed ...

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