Trump Bills 50% Stake in TikTok..."Tariff 100%" threat

China "Must conform to its own laws"...Trump's "100% Tariff" Bluff
Withholding Tariffs...Instructions to evaluate the implementation of the U.S.-China trade agreement
" Intent to visit China within 100 days of taking office..."Let's meet soon, Xi Jinping".

[Anchor]
As soon as he took office, U.S. President Donald Trump, a TikTok reliever, offered a 50% stake.

China threatened to launch a 100% tariff bomb if it refused.

This is Beijing correspondent Kang Jeong-gyu.

[Reporter]
On his first day in office, President Trump signed 78 executive orders overturning the actions of the Biden administration.

One of them is the suspension of the short video app TikTok's service for 75 days.

In other words, Trump, who had fun using TikTok for his campaign, came out as a relief pitcher.

Instead, we pushed the bill together, saying that we should form a U.S.-China joint venture and share the stake in half.

[Donald Trump / U.S. President: TikTok needs a 50% stake to approve it to continue its business and become a great partner. ]

China, which put forward its own law-first logic, has threatened to impose 100% tariffs if it refuses.

However, he instructed us to look into the implementation of the 2020 U.S.-China trade agreement while retaining the actual imposition of tariffs.

President Xi Jinping repeatedly called for a quick meeting, saying he could visit China within 100 days of his inauguration.

As the agreement between the two countries, the result of the 2018 trade war, was fizzled out due to the COVID-19 pandemic and Trump's defeat, they will hurry to collect the loot early.

China is weighing the optimal value between the timing and intensity of the tariff hike and the U.S. import quota.

[Chinese Foreign Ministry Spokesperson: Although there are disagreements and friction between China and the United States, the space for common interests and cooperation between the two countries is huge]

President Trump's 100th day in office as a deadline for negotiations is April 29.

In other words, the agenda has been put forward in advance ahead of China's annual political event, the two meetings in March.

I'm Kang Jeong-gyu from Beijing.