Back    Zoom +    Zoom -
Trump: TikTok Deal Stalled by CN Opposition to New Tariffs
Recommend
2
Positive
2
Negative
8
A deal to sell TikTok's US operations stalled because of China's opposition to new US tariffs, US President Donald Trump said.

Trump claimed that the TikTok deal was quite close but still not a done deal. However, he believed that if the US lowered its tariffs a little, China would approve the agreement within 15 minutes, showing the power of tariffs.

Related NewsUSD/CNH Falls to Lowest Since Start of Offshore Trading in 2010

AAStocks Financial News