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,

President Donald Trump said tariffs on China could depend on whether there’s a deal for TikTok. He signed an executive order allowing the popular video app to continue to run in the U.S. for 75 more days.

On Sunday, before the inauguration, Trump suggested that a joint venture was the solution to the TikTok problem. Trump wrote on his Truth Social platform that he “would like the United States to have 50% ownership position in a joint venture” and said that would keep TikTok in “good hands.”