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Trump can take steps on TikTok sales and aluminum tariffs on Friday: reports

President Donald Trump plans to announce a decision outlining ByteDance Ltd. in China is ordered to divest ownership of the US-based video sharing app, TikTok, due to concerns over national security, and the decision could be announced as soon as possible on Friday, a Bloomberg report citing unspecified sources. “We are looking at many alternatives related to TikTok,” Trump told reporters on Friday. Meanwhile one Inside US Trade report said the Trump administration could impose new tariffs or other restrictions on Canadian aluminum on Friday.

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