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Bianco’s president, Jim Bianco, discusses whether President Donald Trump’s rates affect the Federal Reserve on “making money”.
When the United States approached to make an agreement with the Chinese Tiktok a Direct their North -American operations towards a new company owned by North -Americans, the Chinese government said that they would disagree, citing the Trump Administration’s rates, according to a report.
The agreement had been approved by investors, the United States government and the Chinese property bytedance, the owner of Tiktok, according to Reuters, citing two sources.
Bytedance would have a minority participation in Tiktok under the agreement.
President Trump On Wednesday, it announced a 34% rate about goods coming to the United States from China in addition to a 20% rate announced above.
When the United States approached an agreement with Chinese property tiktok to turn its American operations into a new company owned by American investors, the Chinese government said that it would disagree with this, quoting the Trump Administration’s rates, ACCOR (Robyn Beck / AFP through Getty Images / Getty Images)
Tiktok faced the prohibition in the United States in January if he could not give in to North -Americans, but Trump extended the deadline when he entered the post and Spread again On Friday.
“My administration has been working very hard on an agreement to save Tiktok, and we have advanced huge,” he wrote to Truth Social on Friday. “The agreement requires more work to ensure that all the necessary approvals are signed, and that is why I am signing an executive order to keep Tiktok in operation for additional 75 days.”
President Trump on Wednesday announced a 34% rate about goods coming to the United States from China in addition to a 20% rate announced above. (Earn McNamee / Getty Images / Getty Images)
Child safety must be priority for Tiktok’s negotiation
He added: “We hope to continue working in good faith with China, who understand that they are not very happy with our reciprocal rates (necessary for fair and balanced trade between China and the USA!). This shows that rates are the most powerful and very important economic tool for our national safety! We don’t want Tiktok to get dark.” We hope to work with Tiktok and China to close the agreement.
China on Friday announced 34% retaliation rates in the United States (Ton Molina / Bloomberg through Getty Images / Getty Images)
China announced on Friday 34% Retrilation of Rates in the USA
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Trump has said it would be willing to negotiate about the rates If China agrees with the Bytedance Agreement.
Reuters contributed to this report.
