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.

In a bid to reassure jittery markets, the Trump White House is telling business leaders, investors and media that multiple countries are reaching out to strike new trade deals, Fox Business reporter Charles Gasparino said on Sunday.

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.