Trump floats prices if China accepts the tiktok agreement

President Donald Trump said on Wednesday evening that he could give China “a short reduction in prices” if his government approves a tiktok agreement that his administration has negotiated.

“China will have to play a role in this,” he said at a press conference in the White House “, perhaps in the form of approval, and I think they will do it.”

Trump had signed a memorandum in February calling for fair and reciprocal sales prices on all the main American business partners, including longtime allies. He previously announced that on April 2, when it was announced to commercial samples, would be the day of the liberation in America.

The Tiktoks has been going out in the United States has been in the air since last year, following the adoption of a bipartite law signed by President Joe Biden. The legislation obliges the Chinese owner of the platform, bytedance, to sell the application to a non -Chinese buyer or to face a national ban.

The social media platform had disputed the measure, but the Supreme Court confirmed it in the last days of the Biden.tiktok administration briefly became in the United States just before the inauguration of the cookie cutter, the service said that the president reported that he would examine the prohibition.

During his first day in power, Trump signed an executive decree giving the application and Bytedance until April 5 to sell Tiktok or yield it.

Since the signing of the executive decree, the vice-president JD Vance has worked with the national security advisor Michael Waltz to find a buyer. Vance told NBC News this month that it was confident to reach an agreement with a new owner on the deadline to come.

In recent months, rumors have continued to swirl on potential Tiktok buyers, which has millions of users and was estimated up to $ 50 billion. Several contenders also put their names in the running for an offer, including the billionaire of the Wyoming Reid Rasner.

We will find the one who is the best, the best for the country, said Trump on Wednesday. I worry about our country more than anything else with regard to Tiktok.

Tiktok did not immediately respond to a request for comments on Trumps' latest remarks on his fate.

Bytedance did not comment publicly since Trump signed the order of January 20. The company has also confirmed any desire to sell the application.

Steve Kopack

Steve Kopack is producer of NBC News covering business and economics.

Savannah's sellers, Angela Yang and Rob Wile contributed.

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