A potential deal to spin off TikTok was derailed when the Chinese government insisted on discussing President Trump’s tariffs and trade policies, sources say.
Just hours before the White House planned to announce a TikTok proposal, China intervened, objecting to any agreement without addressing Trump’s trade measures, according to individuals familiar with the negotiations.
This development extends the years-long saga surrounding the popular video app, which has faced scrutiny over its ownership and data security concerns.
The President previously granted TikTok a 75-day reprieve from a ban as discussions about a potential sale continued. This latest roadblock raises further questions about the future of TikTok in the United States.
Drew Harwell and Cat Zakrzewski contributed to this report.
Source: The Washington Post