Trump, tariffs, and TikTok: Let’s make a deal?

​An illustration shows the US flag with the TikTok logo and a dollar in Shanghai, China, on January 21, 2025.
An illustration shows the US flag with the TikTok logo and a dollar in Shanghai, China, on January 21, 2025.
(Photo Illustration by Costfoto/NurPhoto)

TikTokkers may credit President Donald Trump with the app’s restoration on Sunday, which came 12 hours after a government ban shut it down, but their joy may be short-lived. On Monday, Trump signedan executive order suspending the ban for 75 days, during which his administration will “determine the appropriate course forward in an orderly way that protects national security while avoiding an abrupt shutdown of a communications platform used by millions of Americans.”

Before taking office, Trump floated the idea of obliging TikTok’s parent company, ByteDance, to sell half the company to an American purchaser and run it as a joint venture. Beijing has beencool to the concept, with China’s Foreign Ministry responding that the “operation and acquisition of companies” should be “decided by companies” and in line with Chinese law.

How important is TikTok to China? Both Chinese Vice President Han Zheng and TikTok CEO Shou Zi Chewattended Trump’s inauguration, and in a phone call with Chinese President Xi Jinping the previous Friday, Trump said the two leaders spoke about the app. On Monday, however, Trump told reporters he could levy tariffs of 100% on Chinese goods if Beijing refuses to strike a deal – indicating that TikTok may be just another bargaining chip in Trump’s plans for containing China.

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