President Trump is leveraging newly imposed tariffs, increasing China's rate to 54%, as a negotiation tool for a TikTok deal. He expressed willingness to lower tariffs if countries offer significant concessions. Speaking on Air Force One, he noted tariffs historically grant negotiating power. As TikTok's April 5 divest-or-ban deadline nears, he previously stated that China might need to approve a sale as part of the deal. While hinting at negotiations, he denied being currently engaged in talks with China over tariff relief.
The tariffs give us great power to negotiate, always have.
For instance, with TikTok as an example, we have the situation with TikTok, where China will probably say, 'We'll approve a deal, but will you do something on the tariff?'
Collection
[
|
...
]