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Trump Mulls Tariff Reductions to Secure TikTok Sale by April 5

President Trump may cut tariffs on China to facilitate the sale of TikTok, amidst negotiations for its U.S. operations before the April 5 deadline.

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President Trump has suggested he might reduce tariffs on China to expedite the sale of TikTok's U.S. operations, which must be divested by April 5 to avoid a ban. He highlighted the necessity of Chinese government approval in the deal and expressed willingness to extend the deadline if needed. Vice President JD Vance remains hopeful for an agreement soon. Amidst rising tensions, various consortia are interested in acquiring the app, with offers surpassing $30 billion, while navigating ongoing trade disputes and civil liabilities involving the Chinese government. The popularity of TikTok, with 170 million U.S. users, remains central to the negotiations.

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