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by steveBK123
435 days ago
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This deal is dead.
Why is China going to play ball now with the new tariff regime? They've already launched retaliatory tariffs this morning. Trump wants to tariff $800B of Chinese goods 54%, do you think Xi cares about a $50B TikTok deal by comparison, this is peanuts. He kills domestic industries on a whim, why does he care about the US branch of a social network? |
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Indeed he doesn't, since ByteDance is primarily owned by non-Chinese institutions and individuals anyway.