The future of the popular video app is now at the center of a geopolitical tussle between Washington and Beijing.

Sources familiar with the negotiations say the White House had finalized a deal on Wednesday between American investors and TikTok's Chinese parent company.

In the end, it was Donald Trump, the guy who wanted to save TikTok, who may well totally kill the short-video app from remaining in the US, On The Money has learned. On Wednesday, Trump hit China, the very country that controls TikTok,

A number of import taxes are still in place, and with many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.

China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world’s two largest

China announced countermeasures by raising tariffs on U.S. goods from 84% to 125% starting Saturday. The U.S. and China have escalated a new trade war by raising tariffs even as U.S. President Donald Trump hit a pause on tariffs for other countries.

Trump defended the tariffs he imposed on other nations but acknowledged some problems with the rollout in a meeting with his Cabinet, "but in the end it's going to be a beautiful thing." Meanwhile, the White House raised the tariffs on all Chinese exports to 125% after Beijing's latest round of retaliation -- that's in addition to the 20% fentanyl-related tariffs imposed in early February,

President Donald Trump on Thursday said he would return to the higher tariff rates announced last week if he can't reach a deal with trading partners during the 90-day pause he announced on Wednesday.

President Donald Trump is pushing for countries to purchase more U.S. energy to reduce their trade surpluses and potentially avoid higher tariffs. Treasury Secretary Scott Bessent has pointed to a potential investment by Asian allies in a major LNG project as an example of what the White House is seeking.