Deal with TikTok could give China tariff relief: US President

Washington: China is likely to get tariff relief on the agreement with the US social media app TikTok.

US President Donald Trump has said that they are very close to an agreement with TikTok.

Donald Trump stated that if the agreement is approved, China may get tariff relief.

According to foreign media reports, the social media app TikTok has to find non-Chinese buyers by tomorrow to avoid the ban in the US.

It is pertinent to note that yesterday, US President Donald Trump imposed a minimum 10 percent tax on imported products from countries around the world.

After Donald Trump announced the imposition of new tariffs on countries around the world, there has been a huge upheaval in the global market and various countries have described the US President's move as unfair.