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TikTok deal put on hold after China indicated it would reject deal over tariffs: Report

  • ByteDance has not confirmed any negotiations regarding selling TikTok, remaining silent on the matter.
  • China's government has indicated it will reject the deal due to tariffs announced by Trump, stating further negotiations are needed.
  • ByteDance representatives informed the White House that China would not approve the deal until tariff discussions occur.
  • President Trump expressed confidence in completing a deal within the 75-day extension, despite ongoing national security concerns related to TikTok.
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The Business Journal broke the news in on Friday, April 4, 2025.
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