After China’s signal, Tikokok Deal said it will reject the proposal on tariffs

After China's signal, Tikokok Deal said it will reject the proposal on tariffs

Trump’s Ticketkocal deal allegedly said after China’s signal that it would not approve the deal on tariffs.


Washington:

According to two sources familiar with the case, a deal was discontinued by China’s US assets to shut down China’s US assets, when it would not approve the deal after President Donald Trump announced a mutual tariff.

The deal, whose structure, was finally finalized on Wednesday, according to a source, a new company in the US would have shut down the American operations of Tikok and would be owned and operated by the majority of American investors. The bidence will organize a minority status of less than 20%.

The source said the deal was approved by the current investors, new investors, bidences and the US government.

The bidence and the White House did not respond to the immediate remarks request. The Chinese Embassy at Washington DC also did not immediately respond to requesting for comments.

(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)


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