China halted TikTok deal with US over tariffs
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The Associated Press |
Beijing hit the brakes on a deal Thursday after Trump announced wide-ranging tariffs around the globe, including against China.
The Atlantic |
As the deadline for action on the TikTok ban-or-sell issue is once again extended, who cares anymore?
USA Today |
Some political officials have seen TikTok as a national security threat for years, expressing concern that ByteDance may be sharing U.S. user data with the Chinese government.
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Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set by the U.S. President Donald Trump to find a non-Chinese buyer for the short video app used by 170 million Americans.
The deal remains in limbo, hostage to the emerging trade war between the U.S. and China. On Friday, Trump said he is extending the deadline for TikTok to be banned or sold off by its Chinese-owned parent company, ByteDance.