Source: International Business Times
US President Donald Trump suggested tariffs could be wielded to persuade Beijing to approve the sale of social media app TikTok AFP President Donald Trump said his administration was "very close" to a deal to find a buyer for TikTok, which faces a US ban if not sold by its Chinese owner by the weekend. "We're very close to a deal with a very good group of people," Trump told reporters aboard Air Force One, adding that it involved "multiple" investors but giving no further details. The hugely popular video-sharing app, which has over 170 million American users, is under threat from a US law that passed overwhelmingly last year and orders TikTok to split from its Chinese owner ByteDance or face a ban in the United States.
