DeFi Daily News
Wednesday, July 30, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Other News Tech

rewrite this title Trump delays TikTok ban another 75 days after China stalls divestment deal following tariffs

Daniel Sims by Daniel Sims
April 5, 2025
in Tech
0 0
0
rewrite this title Trump delays TikTok ban another 75 days after China stalls divestment deal following tariffs
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

In a nutshell: Chinese-owned TikTok faced a US ban on April 5 unless it could divest its American operations to a stateside buyer. The Trump administration was reportedly finalizing a deal involving several investors, but Beijing withdrew in response to new US-imposed tariffs, prompting the White House to extend the deadline.

President Trump recently signed an executive order to extend the delay on TikTok’s US ban for another few months as negotiations to sell the Chinese-owned social network to American investors continue. The President claimed that the deal had seen “tremendous progress,” but his recent sweeping “Liberation Day” tariffs reportedly pushed the Chinese government to stop the deal.

Sources told the AP and Reuters that TikTok owner ByteDance and the White House were finalizing an investment deal with multiple US companies that would leave ByteDance with a 20 percent stake. The identities of the American buyers remain undisclosed. However, previous reports mention private equity firm Blackstone, tech giant Oracle, Amazon, mobile app platform AppLovin, OnlyFans founder Tim Stokely, and others.

On April 2, Trump introduced historic tariffs on many countries. The lengthy list, which experts have described as a “nuclear bomb” on international trade, includes new taxes on imported Chinese goods that increase total anti-China tariffs to 54 percent. In response, Beijing signaled to ByteDance that it wouldn’t approve TikTok’s divestment until it could renegotiate the duties.

Congress passed a law banning TikTok in the US last year for national security reasons. However, President Trump, reversing the stance from his first term, extended the deadline days after taking office to allow time for a sale.

Many fear that the social network could put the personal data of its over 170 million American users into Beijing’s hands or make them vulnerable to Chinese propaganda. Still, support for a ban has subsided considerably over the past two years.

Trade groups expect the new US tariffs to disrupt the global economy, upending a trade paradigm that has lasted for decades. Virtually everything Americans buy, including computers and other electronics, could see substantial price hikes.

As markets have lost trillions of dollars over the past few days in the worst performance since the pandemic, tech companies such as AMD, Dell, and HP experienced almost 10-percent declines. Although semiconductors aren’t affected yet, new incoming tariffs might also target them.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: banChinadaysdealdelaysDivestmentrewriteStallstariffsTIKTOKtitleTrump
ShareTweetShare
Previous Post

Can’t Get My Family Together To Agree On A Will

Next Post

rewrite this title BTC Bull Token Rises Amid $11T U.S. Stock Market Crash

Next Post
rewrite this title BTC Bull Token Rises Amid T U.S. Stock Market Crash

rewrite this title BTC Bull Token Rises Amid $11T U.S. Stock Market Crash

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Tottenham Express Interest in Buying English Star as Club Considers Selling Him

Tottenham Express Interest in Buying English Star as Club Considers Selling Him

September 28, 2024
IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

June 22, 2025
rewrite this title Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows | Bitcoinist.com

rewrite this title Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows | Bitcoinist.com

October 26, 2024
Top 19 crypto coins that will EXPLODE in July 2025!!

Top 19 crypto coins that will EXPLODE in July 2025!!

July 2, 2025
rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

November 15, 2024
rewrite this title Visa Expands its Flexible Credential Card to the U.S. – Finovate

rewrite this title Visa Expands its Flexible Credential Card to the U.S. – Finovate

November 15, 2024
rewrite this title with good SEO Ray Dalio Advises Allocating 15% In Bitcoin Or Gold To Brace For What’s Coming. | Bitcoinist.com

rewrite this title with good SEO Ray Dalio Advises Allocating 15% In Bitcoin Or Gold To Brace For What’s Coming. | Bitcoinist.com

July 30, 2025
rewrite this title and make it good for SEOSensex opens over 250 pts higher, Nifty50 10 pts shy of 24,900

rewrite this title and make it good for SEOSensex opens over 250 pts higher, Nifty50 10 pts shy of 24,900

July 30, 2025
rewrite this title Ethereum ETF inflows cross .3B in a week as demand intensifies

rewrite this title Ethereum ETF inflows cross $2.3B in a week as demand intensifies

July 29, 2025
rewrite this title Teucrium’s 2x XRP ETF tops 0M in flows, dominates 52% of the market

rewrite this title Teucrium’s 2x XRP ETF tops $300M in flows, dominates 52% of the market

July 29, 2025
rewrite this title PayPal Unveils PayPal World to Facilitate Global Payments – Finovate

rewrite this title PayPal Unveils PayPal World to Facilitate Global Payments – Finovate

July 29, 2025
rewrite this title My Best Friend’s Wedding sequel in the works with Celine Song set to write the script

rewrite this title My Best Friend’s Wedding sequel in the works with Celine Song set to write the script

July 29, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.