Sell TikTok to reach a deal on tariffs, Trump’s olive branch to China

After expressing anger over China‘s retaliation of his 34 per cent tariffs on US exports, US President Donald Trump appeared to offer an olive branch to Beijing linking the sale of Chinese social media App TikTok to relief on high levies on Chinese exports to America. After his initial anger over Friday’s move by Beijing to slap 34 per cent of tariffs, the same as his tariff on Chinese exports, Trump said China is panicking and at the same time offered a quid pro quo deal to lower tariffs if TikTok is allowed to sell its US stakes to an American buyer.