Overview

• President Trump has suggested lowering tariffs on China to gain Beijing's approval for a sale of TikTok's U.S. operations and avert a ban.
• A TikTok ban is set to go into effect on April 5 if its Chinese owner, ByteDance, does not cede control to an American company.
• Trump anticipates an outline for a deal could be finalized within the next week, potentially spinning off U.S. operations and limiting Chinese ownership to below 20%.
• The president has indicated a willingness to extend the deadline if negotiations are not completed in time.
• Public support for a TikTok ban has declined, with a recent Pew Research survey showing just over a third of Americans in favor, down from half two years ago.