Trump’s Tik Tok threat to China – no deal could mean tariffs

Tik Tok is still operating in the US pending getting agreement.

Trump:

• signed an executive action that delays enforcement of the TikTok ban for 75 days
• the delay will help the Trump administration attempt to “determine the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown of a communications platform used by millions of Americans.”
• “TikTok is largely about kids, young kids … If China is going to get information about young kids out of it, to be honest, I think we have bigger problems than that.”
• If I do a TikTok deal, we should get half
• if we make a TikTok deal and China doesn’t approve it, we could maybe put tariffs on China

This article was written by Eamonn Sheridan at www.forexlive.com.