讀後心得

Due to user data leakage, the U.S. government previously required TikTok to sell itself to avoid a ban, with the deadline approaching on April 5. The U.S. and China have not reached a consensus, and Trump’s tariff policy has put the agreement on hold. Trump has now extended the deadline by 75 days, and if China agrees to sell, a reduction in tariffs will be considered. Negotiations for the TikTok deal continue, with Oracle being the main competitor, planning to establish a new company called TikTok America while retaining partial equity. With the implementation of reciprocal tariffs, negotiations between the two countries have entered a new phase.

Due to the controversy over the leakage of user personal data, the U.S. government once demanded TikTok to either sell itself or be banned, setting April 5 as the deadline. However, negotiations between the U.S. and China have yet to reach a consensus, and Trump's trade war has put all agreements on hold. Recently, Trump announced a 75-day extension for TikTok, while also expressing to China that tariffs could be considered for reduction if it is willing to sell.

As April 5 approaches, Trump faces a significant challenge. Reportedly, he won 34% of the teenage vote, related to TikTok's influence. Trump has publicly supported TikTok, but in terms of business interests, he must confront the dilemma of the parent company's unwillingness to sell. The previously agreed purchase deal has been temporarily halted due to tariff issues, prompting Trump to announce the 75-day extension.

Media reports indicate that Oracle is one of the main competitors, and the company's founder has close ties to Trump. The White House proposed creating a new company called TikTok America, planning to have 50% of the shares owned by U.S. investors. Although Walmart was once considered a potential buyer, it has since publicly denied such intentions. At the same time, there are reports that the relevant transaction plan has been determined, with ByteDance retaining less than 20% of the shares.

However, with the sudden increase in tariffs on April 2, China faces tariffs as high as 54%, which has impacted the progress of the deal. Trump stated that if China is willing to sell TikTok, he would consider lowering the tariffs. This 75-day extension provides more time for negotiation, especially considering the continued popularity of TikTok among the younger generation. Facing this situation, China also understands the significance of TikTok for Trump, leading to another halt in all related transaction processes as this battle between the two sides enters a new round.