TikTok’s future in the United States is spiraling into crisis after China abruptly rejected the proposed U.S. divestiture deal, a move seen as direct retaliation to President Trump’s aggressive tariff hike. The app, with over 170 million U.S. users, now faces an uncertain fate as trade tensions between Washington and Beijing explode. Despite backing from investors and U.S. regulators, the deal fell apart when China signaled it would block the agreement under its strict tech export laws. Trump responded by extending the deadline for TikTok’s sale by 75 days, hoping for a diplomatic breakthrough, but pressure is mounting fast. Investors are scrambling to restructure ownership to comply with U.S. law, but China’s resistance remains firm. This standoff has transformed TikTok into a symbol of the broader tech war between superpowers, raising fears of an impending nationwide ban and sparking a high-stakes global standoff over digital dominance.
https://fst1a.blogspot.com/2025/04/tiktok-sale-crumbles-china-rejects-deal.html
TikTok Sale Crumbles: China Rejects Deal in Tariff Fury
Trade War Escalation Threatens App’s U.S. Future China’s Tariff Retaliation Derails TikTok Divestiture Plan The highly anticipated dive...
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