TikTok is intertwined with tariffs as Trump weighs his 'one very big power over China'
Published On Jan 24, 2025, 12:58 PM
The article discusses how former President Donald Trump has linked TikTok's future with U.S.-China trade tariffs. Trump suggested that if a deal concerning TikTok isn't approved by China, he might impose tariffs on the country as leverage. This connection has raised questions about the fate of TikTok, considering past concerns over national security. Trump's tone towards China appears to be friendlier than previously, even as he hints at possible new tariffs. The situation remains fluid, and it is unclear how these issues will be resolved in the near term.
Stock Forecasts
META
Negative
The ongoing debates over TikTok's status are indicative of broader U.S.-China relations. If tariffs are implemented, especially on technology or social media platforms, companies heavily reliant on their operations in China may face declines. Conversely, if negotiations lead to favorable outcomes for TikTok, it could slightly bolster investor sentiment in tech stocks associated with the platform.
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