Whether it is over TikTok, fentanyl or trade, Beijing might welcome a compromise to buy time to address its ailing economy and bolster its position globally.

Trump warned he could hit China with 100% tariffs if it intervened and blocked a deal to allow 50% U.S. ownership of TikTok.

With President Donald Trump back in office, his idea for a TikTok joint venture could set a precedent for how he expects all Chinese companies to operate in the US. On Sunday evening, he posted on Truth Social: “I would like the United States to have a 50% ownership position in a joint venture.

US President Donald Trump has warned that additional tariffs could be imposed as early as next week, this time on China, rather than just Mexico and Canada, according to CNN and Associated Press. Speaking at a press conference in the Oval Office on Tuesday,

TikTokkers may credit President Donald Trump with the app’s restoration on Sunday, which came 12 hours after a government ban shut it down, but their joy may be short-lived.

The President, who has suggested that the U.S. take on 50 percent ownership of TikTok, hinted that potential tariffs on China will be closely linked to whether such a joint venture is approved. “If China didn’t approve it,