President Trump's tariffs killed his plan to save Tiktok from the prohibition

Earlier this week, when it seemed that Tiktok's fate in the United States would actually be decided on April 5, all from amazon to the founder of Onlyfans, they left the carpentry to buy it.

It turns out that none of them had a chance. And now, thanks to the president Donald Trump's War rate, nobody can buy Tiktok.

People familiar with the matter tell me that, despite all the offers for the application, the White House was only seriously considering a consortium led by Oracle, which included many of the largest bya investors who were ready to put their participations in a new American entity.

The proposal, which would have licensed the algorithm of the application of China and considered the money of the shareholders to make Tiktok look More independent of Bytedance, will be announced before President Trump was nuclear with tariffs. As others have informed and have confirmed independently, their tariff announcement on Wednesday burned any immediate possibility that Tiktok's proposal was blessed by the Chinese government.

On Friday, less than an hour after Trump said he was retreating the clock by prohibiting Tiktok for another 75 days to finish resolving an agreement, the Bytedonce issued his first statement on the situation, saying that “any agreement will be subject to approval under Chinese law.”

After suggesting Thursday that China would approve a Tiktok agreement in exchange for a fee relief, the president seemed less safe On Friday: “We hope to continue working in good faith with China, which I understand that they are not very happy with our reciprocal rates (necessary for a fair and balanced trade between China and the United States!)”.

Anyone who has been following this tortured saga that is the prohibition of Tiktok is exhausted. Now, five years after he tried to ban it for the first time, Trump apparently torted the plan that was finally going to keep Tiktok running.

Your friend Larry Ellison I was going to ensure more businesses for Oracle by reliving the wide blows of the Texas project security proposal that was made to the previous administration (although this time with less security guarantees, since this administration really does not matter to national security threats, the application may or may not raise). Tiktok investors and employees were finally going to be certain about the destination of the application. The Bytedance was going to remain effectively in the driver's seat while maintaining control of his algorithm. And Trump was going to say that he saved Tiktok.

Tiktok continues to operate in the United States for a while, thanks to Trump's department of justice, not enforcing a prohibition that was approved by Congress and confirmed by the Supreme Court. Tiktok American accommodation suppliers, including Apple, Google and Oracle, still agree with this situation despite the fact that they are violating the law. And unless Trump finally relieves tariffs against China, Tiktok can end up prohibited after everything.

Some notable work changes in the technological world:

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