TikTok's parent firm said to delay US deal amid political tensions - Breaking The News

TikTok's parent firm said to delay US deal amid political tensions

5 February

1 min read

EPA-EFE/ALEX PLAVEVSKI

TikTok's parent company, ByteDance, is reportedly delaying negotiations for the sale of the popular app, awaiting approval from the Chinese government amid growing tensions between Beijing and Washington.

Sources familiar with the discussions told The Washington Post on Wednesday that ByteDance is hesitant to move forward without a clear signal from Beijing, even as US bidders, backed by allies of US President Donald Trump, push to finalize a deal. Analysts and one source suggested that China may adopt a "hard-line" stance, potentially allowing TikTok's US operations to shut down rather than agree to a sale.

Beijing appears to be holding out for a broader agreement with the Trump administration, amid the escalating US-China trade tensions, with both nations imposing tariffs and restrictions.

us-china relations social media tiktok bytedance

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