INDIANAPOLIS (WISH) — President Donald Trump will soon talk to China on a possible TikTok deal, but how likely is it? Take a look at Tuesday’s business headlines with Jane King, who shares the latest updates on tariffs set to start in August.
TikTok deal
TikTok is building a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors. The Information first reported the news.
This comes as U.S. President Donald Trump said on Friday he will start talking to China on Monday or Tuesday about a possible TikTok deal.
He said the U.S. “Pretty much” has a deal on the sale of the TikTok short-video app.
Trying to make car loans more affordable
Nearly 20% of car buyers agreed to monthly car loan payments of $1,000 or more.
A record number of car buyers are taking out 84-month loans to make their monthly payments more affordable.
According to second-quarter data crunched by edmunds.com, the share of new-vehicle buyers to commit to monthly payments of $1,000 or more hit an all-time high of 19.3%, or nearly 1 in 5 consumers.
Coping with the heat
The debate over shorts at work has heated up, as employees attempt to stay cool but also be professional amid multiple heat waves.
If styled professionally and appropriately, New York Times fashion critic Vanessa Friedman approves, writing that shorts can “Add a bit of surprise, and cool, to what could otherwise be a fairly boring look.
Beach, jean and biking shorts, however, are generally no-gos.”
Tariffs are starting in August
At least 14 countries’ imports are set to face steep tariffs starting Aug. 1.
Goods imported to the U.S. from Japan, South Korea, and three other countries are now set to face 25% tariffs.
The Trump letters are the first to be sent before Wednesday. White House Press Secretary Karoline Leavitt said even more letters will be sent out in the coming days.
What would you do for your dog?
Researchers from talker research, which conducted the survey on behalf of Darwin’s pet food, the average dog parent has to call off social plans four times per month because their dog can’t go and said they typically cut plans short six times in an average month.
(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)
