China Blocks TikTok U.S. Asset Sale Amid Tariff Tensions, Deal Delayed
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LN24 / 8 months
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- 3 min read
A deal to separate TikTok’s U.S. assets was delayed after China signaled it would not approve the arrangement due to President Donald Trump’s recent tariff announcement, according to two sources familiar with the situation. Trump extended the deadline by 75 days on Friday for ByteDance to sell TikTok’s U.S. assets to a non-Chinese buyer or […]