05-04-2025 18:28 via mashable.com

Trumps China tariffs reportedly tanked the TikTok deal

President Donald Trump's plans to enable a US acquisition of TikTok have been thwarted by Trump's plans to tariff the shit out of China. According to The Verge, the new global tariffs imposed on China and dozens of other nations "seemingly torpedoed" plans for candidates — mostly like Oracle — to take over the ByteDance-owned app. The White House was reportedly "only seriously considering an Oracle-led consortium," which proposed licensing the algorithm, controlling data collect
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