Trump says he will ‘most likely’ delay TikTok ban temporarily, but has not made final decision
CNN
President-elect Donald Trump said he will “most likely” delay a ban on TikTok for 90 days after he takes office on Monday but noted he has not made a final decision in a phone interview with NBC News on Saturday.
President-elect Donald Trump said he will “most likely” delay a ban on TikTok for 90 days after he takes office on Monday but noted he has not made a final decision in a phone interview with NBC News on Saturday. Trump said it would be “appropriate” to approve an extension for the Chinese-owned social media platform that was banned in a bipartisan law passed last year and upheld by the Supreme Court this week. “I think that would be, certainly, an option that we look at. The 90-day extension is something that will be most likely done, because it’s appropriate. You know, it’s appropriate. We have to look at it carefully. It’s a very big situation,” Trump said in the interview. “If I decide to do that, I’ll probably announce it on Monday,” he added. Without an extension, TikTok said it will go offline on Sunday. The law passed last year allows the president to delay the ban from going into effect by 90 days but requires evidence that parties working to arrange a sale of TikTok to a US-owned company have made significant progress. TikTok’s CEO Shou Chew has met with Trump at his Mar-a-Lago home in the weeks leading up to the ban taking effect and is expected to attend Trump’s inauguration on Monday.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
For nearly 30 years, Kevin Keyes and his brother-in-law Bob Chambers have run Dry Brook Sugar House in Salem, New York.
Toys made in China have been exempt from tariffs since President Donald Trump’s first term. That is no longer the case.
Americans are rarely this pessimistic about the economy.
Inflationary pressures eased at the wholesale level last month, another indication of a strong economy before the bulk of President Donald Trump’s aggressive trade policies kicked in.
President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by announcing astronomically high tariffs, get countries to come to the negotiating table, and — with the exception of China — back away from the most punishing trade barriers as America works out new trade agreements around the globe.
President Donald Trump’s crackdown on immigration is spooking Latino customers and hurting beer sales, according to Constellation Brands.
Retailers are freaking out over tariffs.
Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comment on the escalating trade war with the United States, as Beijing raised tariffs on US goods to 125%.
Global markets are reeling over President Donald Trump’s haphazard approach to tariffs and an escalating trade war with China. Stocks have been volatile, and an unsettling shift has emerged in the bond market.
So, what happens now that President Donald Trump has art-of-the-dealed his way out of his own centerpiece economic initiative because it nearly broke financial markets?
Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves.
If paying $1,000 for a new iPhone already sounded expensive, consumers should brace for even greater sticker shock later this year. President Donald Trump’s tariffs on foreign goods – specifically those sourced from China – are expected to heighten the prices of everyday tech products, from iPhones to laptops, cars and even smaller gadgets like headphones and computer mice.
The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout.