Trump Points To Possible TikTok Deal As Possibly Included In China Tariff And Trade Negotiations

In the Oval Office, President Trump spoke about a TikTok deal as being part of negotiations on trade and tariffs with China.

Transcript

00:00It's been a matter of weeks, so it's been pretty amazing.

00:02You said we're talking, so China and the U.S. are talking on tariffs.

00:06Do you believe them that they won't go higher than 125%?

00:09We've heard Chinese officials say that.

00:11And then, like, what happens if they do go higher?

00:14Do we retaliate more?

00:16Well, at a certain point, I don't want them to go higher

00:18because at a certain point, you make it where people don't buy.

00:21So I may not want to go higher, or I may not want to even go up to that level.

00:26I may want to go to less because, you know, you want people to buy.

00:30And at a certain point, people aren't going to buy.

00:32And it's actually up to 145% because you have the 20%.

00:37You previously said that you would consider reducing tariffs on China

00:41to get a Tic-Tac deal done.

00:43Is that still on the table as of now?

00:45Well, we have a deal for Tic-Tac, but it'll be subject to China,

00:48so we'll just delay the deal until this thing works out one way or the other.

00:52And I think it's a good deal for China.

00:53The Tic-Tac deal is very good.

00:56Tic-Tac is good for China.

00:57And I think they'd like to see us do a deal,

01:00especially the deal that we have pretty much done

01:03with some of the best companies in the world.

01:04If they agree to sign the deal, would you take that into consideration?

01:08I think it would be something we discuss because it's a natural.

01:11If we're making a deal, I guess we'll spend five minutes and talk about Tic-Tac.

01:16It wouldn't take very long.

01:17Can you give us a sense of how...