President Trump claimed that reducing tariffs would swiftly secure a TikTok deal approval from China within just fifteen minutes.
This assertion followed reports of a stalled agreement, where a US sale of TikTok faced Chinese government opposition due to new tariffs.
Trump suggested a simple tariff reduction could unlock a deal, highlighting the significant influence of tariffs on international relations.
The proposed deal involved American investors acquiring TikTok's US operations, with ByteDance retaining a minority stake in the company.