China Hits Back at Trump Over New Tariffs, Pulls Out of Deal at the Last Minute

Written by Henrik Rothen

Apr.05 - 2025 8:40 AM CET

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China Hits Back at Trump Over New Tariffs.

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Beijing abruptly pulls out of the long-anticipated TikTok deal with the U.S., just hours before it was set to be signed.

TikTok Agreement Canceled at the Last Minute

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The deal was expected to launch an American version of TikTok — but after months of negotiations, China walked away, Bloomberg reports.

Furious Over Tariffs

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Chinese officials are reportedly outraged over new tariffs announced by Trump earlier in the week — as high as 54% on certain Chinese goods.

A Retaliation Move Against the U.S.

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China’s decision to abandon the TikTok deal is seen as a direct act of retaliation in response to Washington’s aggressive trade measures.

Trump Delays TikTok Ban — Again

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In response, Donald Trump has announced a 75-day delay on the U.S. TikTok ban, hoping to keep the door open for a potential new deal.

“We’ve Made Tremendous Progress”

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“My administration has worked very hard to save TikTok,” Trump said on Truth Social. “We’ve made tremendous progress, but more work is needed.”

Executive Order Extends Deadline

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Trump signed an executive order giving TikTok 75 more days to operate in the U.S. while negotiations continue.

Trade War Tensions Rise

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Despite hopes for cooperation, the trade war between the U.S. and China continues to escalate, with tariffs and tech at the center of the conflict.

Trump: “Tariffs Are Working Exactly As Intended”

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Trump acknowledged China's frustration, calling it proof that tariffs are “the most powerful economic tool” for national security.

Still Hope for a Deal?

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Despite the breakdown, Trump says he hopes to keep working “in good faith” with China and TikTok to finalize an agreement.