![[CNBC] Trump says he may reduce China tariffs to help close a TikTok deal](https://media.nbcphiladelphia.com/2025/03/108095552-1738332765318-gettyimages-2196222817-AA_31012025_2059678.jpeg?quality=85&strip=all&resize=320%2C180)
[CNBC] Trump says he may reduce China tariffs to help close a TikTok deal
- President Donald Trump said he may reduce China tariffs to help facilitate a deal involving ByteDance selling the U.S. operations of TikTok.
- "Maybe I'll give them a little reduction in tariffs or something to get it done," Trump said. "TikTok is big, but every point in tariffs is worth more than TikTok," Trump said.
- Trump added that it's possible he will extend the TikTok deadline again.
President Donald Trump said he may reduce tariffs on China to facilitate a deal that would result in ByteDance selling the U.S. operations of TikTok.
China "is going to have to play a role" in approving a TikTok-related divestiture, Trump said in a press conference Wednesday.
"Maybe I'll give them a little reduction in tariffs or something to get it done," Trump said. "TikTok is big, but every point in tariffs is worth more than TikTok."
Get top local stories in Philly delivered to you every morning. Sign up for NBC Philadelphia's News Headlines newsletter.
Although a national security law requires ByteDance to divest TikTok's U.S. operations or face an effective ban in the country, Trump in January signed an executive order that delayed the deadline for a deal to April 5. Trump has previously said that he wants the U.S. to maintain a 50% ownership position in TikTok via a joint venture.
It's possible he will extend the TikTok deadline again, Trump said Wednesday.
"We're going to have a form of a deal, but if it's not finished, it's not a big deal," Trump said.
"We'll just extend it."
Money Report
Vice President JD Vance told NBC News earlier this month that he was confident that a TikTok-related deal would happen by the April deadline.
"There will almost certainly be a high-level agreement that I think satisfies our national security concerns, allows there to be a distinct American TikTok enterprise," Vance said.
WATCH: TikTok bid is 'in active dialogue' with Trump administration.