{"id":18061,"date":"2025-04-08T00:41:05","date_gmt":"2025-04-08T00:41:05","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/how-trumps-tiktok-negotiations-were-upended-by-china-and-tariffs\/"},"modified":"2025-04-08T00:41:05","modified_gmt":"2025-04-08T00:41:05","slug":"how-trumps-tiktok-negotiations-were-upended-by-china-and-tariffs","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/how-trumps-tiktok-negotiations-were-upended-by-china-and-tariffs\/","title":{"rendered":"How Trump\u2019s TikTok Negotiations Were Upended by China and Tariffs"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Last Wednesday, the Trump administration believed it had a plan to save TikTok.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">ByteDance, TikTok\u2019s Chinese owner, along with some of its U.S. investors, and officials in Washington had coalesced around a new ownership structure for the popular video app, four people familiar with the situation said. That structure, the people said, would help TikTok satisfy the terms of a federal law that required the app to find a new owner in order to address national security concerns, or face a ban in the United States.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Under the plan, new investors would own 50 percent of a new American TikTok entity, while Chinese owners would retain less than 20 percent, the limit specified by the law, two of the people said. ByteDance told the White House that Beijing was comfortable with the general structure, two of the people said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">By Thursday morning, a version of a draft executive order from President Trump that outlined the broad strokes of the deal was circulating, according to a copy that was viewed by The New York Times.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Then the plan hit a wall. ByteDance called the White House with the news: Now that Mr. Trump had announced a slew of tariffs on Chinese imports, the Chinese government would not let the TikTok deal proceed, two of the people said.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">In response, Mr. Trump bought the app more time. On Friday, he paused enforcement of the federal law, extending the deadline for a TikTok deal into mid-June.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThe report is that we had a deal, pretty much, for TikTok, not a deal but pretty close, and then China changed the deal because of tariffs,\u201d Mr. Trump told reporters Sunday aboard Air Force One.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The standstill highlights how the video app is mired in a geopolitical tussle between the United States and China over trade and tech supremacy. It also illuminates China\u2019s power over TikTok\u2019s future in the United States, raising questions about whether a deal for TikTok will ever get done.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThe parties are too proud to negotiate, and so we\u2019re stuck between two colossal economies that are butting heads against each other,\u201d said Anupam Chander, a professor of law and technology at Georgetown University who has publicly opposed the law targeting TikTok. \u201cTikTok has kind of been the mouse that got caught underfoot between these two elephants.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The Chinese Embassy in Washington, TikTok and ByteDance didn\u2019t respond to requests for comment. The White House referred The Times to Mr. Trump\u2019s post on Truth Social announcing his extension for the debate over the app.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">The administration and ByteDance had been hammering out a structure that would allow TikTok\u2019s biggest U.S. investors, including the firms General Atlantic and Susquehanna International Group, to hold on to their investments while government officials brought in new funds to dilute the app\u2019s Chinese ownership. <\/p>\n<p class=\"css-at9mc1 evys1bk0\">The tentative terms of the deal said new investors would own 50 percent of a new American TikTok entity. Current investors would own 30 percent and Chinese owners less than 20 percent, two people with knowledge of the matter said. Private equity giants like Blackstone and Silver Lake, along with the venture capital firm Andreessen Horowitz, had <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/03\/business\/tiktok-sale-ban-deadline.html\" title=\"\">weighed taking a stake<\/a> in the new entity.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The proposal was laid out in a lengthy and detailed document for investors, three people with knowledge of the matter said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Two people involved in the deal said there was more work to do. Certain potential new investors viewed any deal as conditional, subject to the due diligence that accompanies any large transaction, they said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">China was always, to some extent, the wild card. The administration\u2019s lead negotiators were not discussing the issue directly with the Chinese government, instead relying on ByteDance\u2019s understanding of Beijing\u2019s position, two people familiar with the matter said. Before the president\u2019s announcement on tariffs last week, ByteDance believed that the Chinese government was comfortable with the structure coming together in Washington, the people said. But even before the tariff announcement, there was no guarantee that Beijing would provide its informal blessing or formal approval.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">The talks about TikTok are likely to become even more complicated as a trade war between the two countries escalates. China initiated retaliatory tariffs after Mr. Trump\u2019s announcement, prompting the president to <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/live\/2025\/04\/07\/business\/trump-tariffs-stock-market#trump-china-tariffs-threat\" title=\"\">warn on<\/a> Monday that he would impose additional tariffs of 50 percent on the country if it persisted.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/04\/04\/technology\/trump-tiktok-deadline-delay.html\" title=\"\">has repeatedly suggested<\/a> that he would consider lowering tariffs on China in exchange for its approval of a TikTok deal.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Leveraging tariffs for the negotiations is \u201creally kind of a remarkable effort to coerce a sale of a foreign company,\u201d Mr. Chander said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But the trade war may still be underway in June, he said, adding: \u201cWe may well find ourselves back in Groundhog Day 75 days from now unless the tariffs have been resolved.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">TikTok has maintained for the better part of a year that it is not for sale.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">On Friday, ByteDance acknowledged for the first time that it had been involved in negotiations with the U.S. government over the app\u2019s future \u2014 but said any decision was ultimately in another party\u2019s hands.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-4\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cThere are key matters to be resolved,\u201d a spokesperson for ByteDance told reporters in an email. \u201cAny agreement will be subject to approval under Chinese law.\u201d<\/p>\n<p class=\"css-798hid etfikam0\">Maggie Haberman<!-- --> contributed reporting.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/04\/07\/technology\/trump-tiktok-china-tariffs.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Wednesday, the Trump administration believed it had a plan to save TikTok. ByteDance, TikTok\u2019s Chinese owner, along with some<\/p>\n","protected":false},"author":1,"featured_media":18062,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[451,1048,319,5116,349,123,239,114,133,5687,98,450,124,4935,118,1775,240,113,111],"class_list":["post-18061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-acquisitions-and-divestitures","tag-andreessen-horowitz","tag-beijing-bytedance-technology-co-ltd","tag-blackstone-group","tag-china","tag-computers-and-the-internet","tag-customs-tariff","tag-donald-j","tag-executive-orders-and-memorandums","tag-general-atlantic-llc","tag-international-relations","tag-mergers","tag-mobile-applications","tag-private-equity","tag-social-media","tag-the","tag-tiktok-bytedance","tag-trump","tag-united-states-politics-and-government"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Trump\u2019s TikTok Negotiations Were Upended by China and Tariffs - World News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/how-trumps-tiktok-negotiations-were-upended-by-china-and-tariffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Trump\u2019s TikTok Negotiations Were Upended by China and Tariffs - World News\" \/>\n<meta property=\"og:description\" content=\"Last Wednesday, the Trump administration believed it had a plan to save TikTok. 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