White House Officials Confirm TikTok Deal is No Longer an Option

The potential sale of TikTok's United States operations to an American company has been officially taken "off the table," according to White House officials. This decision is expected to stand "for the foreseeable future and maybe forever," as reported by Fox reporter Charles Gasparino. The move is seen as part of the broader US-China trade war.

Trump Imposes Additional Tariffs on China

This development follows President Donald Trump's announcement of further tariffs on Chinese goods, increasing the total to 125%. The decision came after Beijing's retaliation against previous US tariffs, escalating the trade conflict between the two nations.

ByteDance's Response to the Trade War

ByteDance Ltd., the parent company of TikTok, had reportedly informed the Trump administration that China would not permit any agreement regarding TikTok's sale until the tariff disputes are resolved. This stance highlights the growing tensions in US-China relations and their impact on global business operations.