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Tiktok $14B US Spin-off App, Trump Plans 100% Tariffs on Patented Drugs | The Opening Trade 9/26

Bloomberg•Friday, September 26, 2025 at 11:15:20 AM
NeutralFinancial Markets
Tiktok $14B US Spin-off App, Trump Plans 100% Tariffs on Patented Drugs | The Opening Trade 9/26
The recent developments surrounding TikTok's potential $14 billion US spin-off highlight the ongoing tensions between the US and China over technology and national security. President Trump is advocating for American investors to take control of TikTok's US operations to limit Chinese influence, while also proposing a drastic 100% tariff on patented drugs unless manufacturers establish production in the US. This situation underscores the complexities of international business and trade policies, which could have significant implications for both the tech industry and healthcare.
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