China stops Tiktok tariff transactions: Report

As the US approached the conclusion with Chinese property Tiktok to The Chinese government said the Chinese government said he would disagree with Trump administration, citing tariffs for Trump’s administration, the statement said.

According to Reuters, the owner of Tiktok was approved by investors, the US government and the Chinese Bytendan, the owner of Tiktok, citing two sources.

Bytedons will store the minority in the ticket under this contract.

President Trump On Wednesday, a 34% tariff for goods coming to the United States from China on top of previously announced 20% tariffs was announced.

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As the US approached the transaction with the Chinese Tiktok to transfer its operations to the US into a new company owned by US investors, the Chinese government stated that it would disagree with this, citing tariffs for Trump administration, accor (Robyn Beck / AFP via Getty Images / Getty Images)

Tiktta collided with a ban on the US in January when he was unable to get rid of US investors, but Trump extended the deadline when he entered the post and re -expanded Friday.

“My administration is working a lot on a transaction to keep Tiktok and we have made great progress,” he wrote on the truth on Friday. “The transaction requires additional work to ensure the signing of all the necessary statements, and therefore I sign the order to save Tiktok and work for another 75 days.”

President Trump on Wednesday announced a 34% tariff for goods coming to the United States from China on top of previously announced 20% tariffs. (Win McNamee / Getty Images / Getty Images)

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He added: “We hope to continue working in good faith with China, which, I understand, is not very happy our mutual tariffs (necessary for just and balanced trade between China and the US!). This proves that tariffs are the most powerful economic tool and very important for our national security! China to close the deal.

China on Friday announced 34% of tariffs on the US (Ton Molina / Bloomberg via Getty Images / Getty Images)

China on Friday announced Retaliation 34% tariffs on the US

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Trump said it would be ready to agree on tariffs If China agrees to the byte.

Reuters contributed to this report.