U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait.

President Donald Trump said the US and Ukraine would sign a deal on critical minerals next Thursday, in a step expected to keep Kyiv in good favor as the White House seeks to broker a quick ceasefire deal with Russia.

Trump added he would delay a deal on TikTok until the trade issue with China is worked out. He told reporters U.S. tariffs on Chinese goods might not go higher and may even go lower.