HOW TRUMP'S TIKTOK NEGOTIATIONS WERE UPENDED BY CHINA AND TARIFFS

Summary from the TLDR newsletter

The Trump administration believed it had a plan to save TikTok last Wednesday, but the Chinese government would not let the deal proceed due to new tariffs on Chinese imports. President Trump extended the deadline for a TikTok deal into mid-June in response. ByteDance was reportedly comfortable with the new suggested plan, but even before the tariff announcement, there was no guarantee that China would approve of any deal. The talks about TikTok are likely to become even more complicated as the trade war between the two countries escalates.