Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldPresident Donald Trump has said that tariffs on China could hinge on a deal over TikTok\u2019s ownership, as he signed an executive order to keep the popular short-form video platform online in the US for 75 days. Within hours of his inauguration on Monday, Trump postponed a deadline requiring TikTok\u2019s Chinese parent company ByteDance to sell its stake in the app or face a ban in the country. Trump argued that the US \u201cshould be entitled to get half of TikTok\u201d if the app continued operating beyond that cut-off and that he could \u201ccertainly\u201d impose tariffs on China if it rejected a deal, which he said would be a \u201chostile act\u201d. Trump added that the tariffs could be as high as 100 per cent. \u201cI think ultimately [Beijing] would approve it because we\u2019d put tariffs on China,\u201d Trump said on signing the order in the Oval Office. \u201cI\u2019m not saying I would, but you certainly could do that.\u201dThe 75-day reprieve to the \u201cdivest-or-ban\u201d law is designed \u201cto permit [Trump\u2019s] Administration an opportunity to determine the appropriate course of action with respect to TikTok\u201d, the executive order read.It also stated that companies that distribute and host TikTok \u2014 which include the Apple and Google app stores as well as cloud provider Oracle \u2014 would not be held liable for violating the law in the interim. Under the law, service providers risked fines of $5,000 per user.TikTok became temporarily unavailable for about 170mn US users when the ban came into effect at midnight on Sunday, after the law was upheld by the Supreme Court on Friday. But it resumed service hours later, with the company saying Trump had given adequate assurances that the service providers would not face penalties.\u00a0TikTok chief executive Shou Zi Chew had gone on a charm offensive after Trump had indicated during his campaign that he hoped to \u201csave\u201d the app. Chew on Monday attended the inauguration alongside tech billionaires Elon Musk and Mark Zuckerberg, after lavishing Trump with public praise over the weekend.\u00a0Some US politicians and security officials believe the Chinese government could use TikTok to access Americans\u2019 personal information, which could facilitate espionage, and wield the app\u2019s algorithm to spread propaganda. TikTok denies that Beijing has any control over the app.TikTok has previously said that divestment was technologically unfeasible within the timeframe of the law. Beijing has indicated that it opposed a sale.\u00a0Nevertheless, Trump suggested that if the app continued to operate in the US after the extended deadline, the country should be paid \u201chalf of the value of TikTok\u201d, adding: \u201cIf I don\u2019t do the deal it\u2019s worthless. If I do the deal it\u2019s worth maybe a trillion dollars.\u201dLast week, the Financial Times reported that Chinese officials were discussing using Musk, a close confidant of Trump, as a broker in a potential sale of TikTok\u2019s US operations.\u00a0Musk on Sunday complained of an \u201cunbalanced\u201d situation between TikTok\u2019s continued presence in the US and the lack of access for his social media site X in China, where western tech platforms are generally banned. \u201cSomething needs to change,\u201d he said.The Tesla chief rarely comments on issues sensitive to Beijing, given his extensive business interests in China, an important market and production centre for his electric vehicle company. Beijing did not immediately respond to Trump\u2019s remarks threatening tariffs if it did not agree to a TikTok deal.On Monday, China\u2019s foreign ministry had said that any decision regarding TikTok\u2019s ownership should be taken \u201caccording to market principles and be determined by the companies themselves\u201d. Additional reporting by Aime Williams in Washington<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldPresident Donald Trump has said that tariffs on China could hinge on a deal over TikTok\u2019s ownership, as he signed an executive order to<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-174091","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/174091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=174091"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/174091\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=174091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=174091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=174091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}