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Tariffs Are Dragging Down Even Companies Without US Exports

Tariffs Are Dragging Down Even Companies Without US Exports

Bloomberg07-04-2025
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Vlad Savov reflects on the vast selloff in Asian stocks following Donald Trump's latest comments on globe-spanning tariffs on US imports.
TikTok and tariffs: President Donald Trump's decision to impose far-reaching tariffs scuttled a permanent deal to let TikTok remain available in the US. The Chinese government was ready to approve a US buyout until the tariffs, Bloomberg reported. Trump on Friday extended a deadline for a deal by another 75 days.
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