![[CNBC] Trump says he may reduce China tariffs to help close a TikTok deal](https://media.nbcchicago.com/2025/03/108095552-1738332765318-gettyimages-2196222817-AA_31012025_2059678.jpeg?quality=85&strip=all&resize=320%2C180)
- President Donald Trump said he may reduce China tariffs to help facilitate a deal involving ByteDance selling the U.S. operations of TikTok.
- "Maybe I'll give them a little reduction in tariffs or something to get it done," Trump said. "TikTok is big, but every point in tariffs is worth more than TikTok," Trump said.
- Trump added that it's possible he will extend the TikTok deadline again.
President Donald Trump said he may reduce tariffs on China to facilitate a deal that would result in ByteDance selling the U.S. operations of TikTok.
China "is going to have to play a role" in approving a TikTok-related divestiture, Trump said in a press conference Wednesday.
"Maybe I'll give them a little reduction in tariffs or something to get it done," Trump said. "TikTok is big, but every point in tariffs is worth more than TikTok."
Although a national security law requires ByteDance to divest TikTok's U.S. operations or face an effective ban in the country, Trump in January signed an executive order that delayed the deadline for a deal to April 5. Trump has previously said that he wants the U.S. to maintain a 50% ownership position in TikTok via a joint venture.
It's possible he will extend the TikTok deadline again, Trump said Wednesday.
"We're going to have a form of a deal, but if it's not finished, it's not a big deal," Trump said.
"We'll just extend it."
Money Report
Vice President JD Vance told NBC News earlier this month that he was confident that a TikTok-related deal would happen by the April deadline.
"There will almost certainly be a high-level agreement that I think satisfies our national security concerns, allows there to be a distinct American TikTok enterprise," Vance said.
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