TikTok deal put on hold after China indicated it would reject it over tariffs: report

TikTok deal put on hold after China indicated it would reject it over tariffs: report

FILE PHOTO: A logo is displayed over a door at the U.S. headquarters of the social media company TikTok in Culver City, California, U.S. January 17, 2025. REUTERS/David Swanson/File Photo

A deal to spin off the US assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs announcement this week, according to two sources familiar with the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter