Trump: 'Maybe I'll Give' China 'A Little Reduction In Tariff' To Achieve TikTok Deal

2 days ago

Speaking to reporters in the Oval Office on Wednesday, President Trump spoke about efforts to get a deal for TikTok.

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Transcript

00:00And it's already happened.

00:01The Press is coming up on the deadline for the TikTok sale.

00:05Will you extend that deadline if you don't have a deal?

00:06Do you support Oracle?

00:07Well, we will have a form of a deal.

00:10TikTok is very popular, very successful, very good.

00:14We're going to have a form of a deal.

00:16But if it's not finished, it's not a big deal.

00:18We'll just extend it.

00:19I have the right to have the deal and to extend it if I want.

00:23So we'll see whether or not we have a deal.

00:25We have a lot of interest in TikTok.

00:27Is there a way for a U.S. company to operate it and ByteDance to still have a share of

00:31the algorithm?

00:32Well, there are numerous ways you can buy TikTok, and we will find the one that's best

00:36for the country, for our country.

00:38I'm worried about our country more than anything else with respect to TikTok.

00:43And China is going to have to play a role in that, possibly, in the form of an approval,

00:49maybe.

00:50And I think they'll do that.

00:51Maybe I'll give them a little reduction in tariffs or something to get it done, you know,

00:57because every point in tariff is worth more money than TikTok, if you think.

01:03Every point.

01:04Tariff is a much bigger world, and TikTok is big.

01:06But every point in tariffs is worth more than TikTok.

01:10So in order to get China to do it, maybe I'd give them a reduction in tariffs, as an example.

01:17Sounds like, sounds like something I'd do.

01:19Do you think these tariffs are going to be good for Tesla, sir?

Trump: 'Maybe I'll Give' China 'A Little Reduction In Tariff' To Achieve TikTok Deal

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