{"id":2420098,"date":"2025-04-04T17:36:02","date_gmt":"2025-04-04T21:36:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-tiktok-deal-was-scuttled-by-bytedance-at-the-last-minute-washington-examiner\/"},"modified":"2025-04-04T17:38:03","modified_gmt":"2025-04-04T21:38:03","slug":"trump-tiktok-deal-was-scuttled-by-bytedance-at-the-last-minute-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-tiktok-deal-was-scuttled-by-bytedance-at-the-last-minute-washington-examiner\/","title":{"rendered":"Trump TikTok deal was scuttled by ByteDance at the last minute &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-tiktok-deal-was-scuttled-by-bytedance-at-the-last-minute-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2420098&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article discusses the sudden disruption of a potential agreement for TikTok\u2019s divestment from its Chinese parent company, ByteDance, due to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-china-ambassador-predicts-deal-not-war-over-tariffs-washington-examiner\/\" title=\"Biden\u2019s ... ambassador predicts \u2018...\u2019 not \u2018war\u2019 over ... ... ...\">recent tariffs imposed<\/a> by President Donald Trump on China. The White House had reportedly finalized a deal earlier in the week that would allow TikTok to continue operating in the U.S. with majority American ownership. However, after announcing a new 34% tariff on Chinese imports, the Chinese government reversed its stance, stating that no deal could be made until trade negotiations were resolved. <\/p>\n<p>Sources indicated that the agreement would have involved American investors taking over TikTok&#8217;s operations in a separate entity, with ByteDance retaining a minority stake. The lead negotiator for the White House, Vice President JD Vance, had engaged in lengthy talks with U.S. investor groups, but the new tariffs undermined the concessions previously secured from China. <\/p>\n<p>The article goes on to mention that Trump has issued an executive order extending the deadline for TikTok to comply with divestment requirements, reflecting the administration&#8217;s ongoing efforts to find an American buyer amid rising tensions in U.S.-China trade relations. The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-u-s-citizens-trapped-by-taliban-in-kabul-as-state-department-demands-foreign-nationals-be-allowed-to-leave\/\" title=\"Report: U.S. Citizens Trapped By Taliban In Kabul As State Department Demands Foreign Nationals Be Allowed To Leave\">situation remains fluid<\/a>, as both parties would need to reach a consensus to proceed with a sale that <a href=\"https:\/\/amzn.to\/3YuVZYV\">addresses <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackburn-introduces-amendments-to-counter-china-and-iran\/\" title=\"Blackburn Introduces Amendments to Counter ... and Iran\">national security concerns<\/a><\/a>.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump&rsquo;s tariffs on China upended TikTok deal at the last minute<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2083634\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>The White House had finalized a <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/tiktok\/\" target=\"_blank\" rel=\"noopener\" title=\"TikTok\">TikTok<\/a> divestment deal earlier this week before President Donald Trump&rsquo;s &ldquo;Liberation Day&rdquo; <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3367973\/liberation-day-trump-unveils-reciprocal-tariffs-trading-partners\/\" target=\"_blank\" rel=\"noopener\" title=\"tariff rollout\">tariff rollout<\/a> flipped the Chinese government&rsquo;s position on the issue, the <em>Washington Examiner<\/em> has learned.<\/p>\n<p>Sources familiar with the negotiations say the White House, with lead negotiator <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/jd-vance\/\" target=\"_blank\" rel=\"noopener\" title=\"Vice\">Vice<\/a> <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/jd-vance\/\" title=\"President JD Vance\">President JD Vance<\/a>, had finalized a deal on Wednesday between American investors and TikTok&rsquo;s Chinese parent company, ByteDance, that would allow the social media giant to continue operating within the United States.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3370932\/hud-scott-turner-moves-kill-public-housing-assistance-sanctuary-states-illegal-immigrants\/\">HUD moves to kill public housing assistance for &#8216;sanctuary&#8217; cities and states<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/immigration\/3370430\/dhs-notifies-immigrants-paroled-under-biden-self-deport\/\">DHS notifies 531,000 immigrants paroled into US under Biden: Self-deport now<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3370758\/trump-extends-tiktok-sale-deadline-75-days\/\">Trump to extend TikTok sale deadline for 75 days<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>However, after Trump&rsquo;s &ldquo;Liberation Day&rdquo; tariff rollout in which the White House slapped a new 34% tariff on China, Beijing flipped its position, and ByteDance informed the White House that no sale could be agreed to ahead of trade negotiations.<\/p>\n<p>In response to the new global trade war, China announced a 34% tariff on all imports from the U.S.<\/p>\n<p><em>Washington Examiner<\/em> sources say that the deal finalized earlier this week would have spun off TikTok&rsquo;s U.S. presence into a separate company with majority American ownership and operations, though the names of the would-be investors were not revealed.<\/p>\n<p>ByteDance would retain a minority stake in the new company, but it remains unclear if it would be at the 20% cap allowed by the divestment law President Joe Biden <a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/presidential\/3290250\/biden-wont-enforce-tiktok-ban-hours-before-trump-inaugurated\/\" target=\"_blank\" rel=\"noopener\" title=\"signed last year\">signed last year<\/a>.<\/p>\n<p>Those sources added that Vance personally negotiated for months with several possible U.S. investor groups in addition to ByteDance itself, but the concessions that Vance secured from China, who originally opposed a divestment of any kind,&nbsp;were no longer acceptable once the added tariffs were piled on.<\/p>\n<p>According to those sources, the White House was still debating whether or not they could announce the tentative deal Friday morning before the president eventually announced a <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3370758\/trump-extends-tiktok-sale-deadline-75-days\/\" target=\"_blank\" rel=\"noopener\" title=\"new extension\">new extension<\/a> of the deadline to keep TikTok online in the U.S.<\/p>\n<p>On his first day in office, Trump signed an executive order pushing the January deadline for TikTok to divest to April 5 and tapped Vance to lead the administration&rsquo;s effort to find a U.S. buyer.<\/p>\n<p>&ldquo;My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress. The Deal requires more work to ensure all necessary approvals are signed, which is why I am signing an Executive Order to keep TikTok up and running for an additional 75 days,&rdquo; Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114280893859636366\" target=\"_blank\" rel=\"noopener\" title=\"wrote\">wrote<\/a> on Truth Social while in South Florida on Friday.<\/p>\n<p>A number of possible American buyers had emerged ahead of the April 5 deadline, including Amazon, Oracle, and <em>Shark Tank<\/em> star Kevin O&rsquo;Leary. Officials in the White House and the office of the vice president declined to answer questions about the sale on Friday.<\/p>\n<p>Trump and Vance had voiced confidence that they could broker a sale ahead of April 5, but China would also have to approve the deal to prevent TikTok from ending its operations on U.S. soil. The president signaled last week that he would consider <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-delays-tiktok-ban-for-75-days-washington-examiner\/\" title=\"... delays TikTok ban for 75 days ... ...\">easing newly enacted tariffs<\/a> on China to close any TikTok deal.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3370758\/trump-extends-tiktok-sale-deadline-75-days\/\"><strong>TRUMP EXTENDS TIKTOK SALE DEADLINE FOR ADDITIONAL 75 DAYS<\/strong><\/a><\/p>\n<p>Trump had previously supported banning the app and ByteDance from U.S. markets over national security concerns, but the president publicly flipped on the issue following the results of the 2024 general election.<\/p>\n<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2083634\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2083634\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump&#8217;s tariffs on China disrupted the TikTok deal last minute<\/p>\n","protected":false},"author":2645,"featured_media":2420099,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/04\/vance-tiktok-e1743800798509.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[21697,3715,6248,3634,32076],"class_list":["post-2420098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-bytedance","tag-deal","tag-tiktok","tag-trump","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/04\/vance-tiktok-e1743800798509.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2420098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2645"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2420098"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2420098\/revisions"}],"predecessor-version":[{"id":2420102,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2420098\/revisions\/2420102"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2420099"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2420098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2420098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2420098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}