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Home / US / Trump said that TikTok sale can be approved, but only if the United States must cut wages

Trump said that TikTok sale can be approved, but only if the United States must cut wages



Trump on Monday set the deadline for TikTok to find American buyers on September 15, otherwise he said he would close the country’s apps. Trump also stated in an unusual statement that any transaction must include “a large amount of money” entering the U.S. Treasury Department.

Trump said: “Now they don’t have any rights unless they give them. Therefore, if we want to give them rights, then…must enter this country.” “This is a huge asset, but in the United States, unless Get approval from the United States, otherwise this is not a huge asset.”

Gene Kimmelman, the former chief adviser of the U.S. Department of Justice’s Antitrust Department and current senior adviser to the U.S. Department of Justice, said that the president̵

7;s request that part of the funds in the transaction flow to the U.S. Treasury Department has no basis for antitrust laws. Public knowledge of the policy team.

Kimmelman said: “It’s very unusual, it’s unreasonable.” “It’s actually hard to understand what the president is talking about here… It’s not unheard of that transactions have a broader geopolitical impact between countries. But it’s very important to consider some form of connection. Make a transaction.”

TikTok said it will continue to work on its large US user base.

Company spokesperson Josh Gartner said in a statement: “TikTok is loved by 100 million Americans because it is a home for entertainment, self-expression and connection.” “TikTok will stay here a lot. year.”

How TikTok users react to Trump's possible U.S. ban
Microsoft said it was still discussing a potential TikTok acquisition a few days after Trump first stated that it would ban the popular short video app from operating in the United States.
Microsoft said in a blog on Sunday that its CEO Satya Nadella (Satya Nadella) had talked with Trump about purchasing the app, which is owned by Chinese startup ByteDance. Due to the escalation of tensions between China and the United States, U.S. policymakers have been expressing concerns about the application for several weeks, with many asserting that the application may pose a national security risk. (However, security experts say that this threat is largely theoretical or indirect.)

“[Microsoft] Committed to the acquisition of TikTok, and accept a comprehensive security review, and provide appropriate economic benefits for the United States (including the U.S. Treasury Department). The company said, adding that it will “promptly” engage in dialogue with ByteDance and “will be completed within a few weeks.”

After Trump’s speech on Monday, Microsoft declined to comment on this blog.

Microsoft says it is still in discussions with Trump to acquire TikTok from its Chinese owners
In recent weeks, the Trump administration has repeatedly targeted this short video application, citing the privacy and security issues of its American users. In response, TikTok pointed out the fact that it has a US CEO and its server is located in the US. The company had previously considered restructuring to ease concerns.

Mark Lemley, director of the Law, Science and Technology Program at Stanford University, said: “This is unnecessary, but to make the Trump administration hostile to China’s ownership of any technology company.” Real evidence “, indicating that the Chinese ownership of the application constitutes a security threat.

Limley said: “On the contrary, I think it is part of the Internet splitting into a network of competing countries.” “I think this is a problem, dividing TikTok into different national entities…only makes this problem become. Worse.”

White House trade adviser Peter Navarro expressed concern about a potential acquisition by Microsoft because the company has ties to China on the grounds that Microsoft provides Microsoft services in the country, including its Bing search engine and Skype video calling platform.

“[Microsoft is] Obviously, this is a multi-billion dollar multinational company that has made billions of dollars in China. It has implemented censorship on China through Bing and Skype,” he told CNN on Monday.

In addition to selling TikTok to US buyers, ByteDance may also consider other measures to further keep it isolated from the Sino-US war.

ByteDance responded in a statement that it is considering setting up a new TikTok headquarters in London, and said in a statement that it “is committed to becoming a global company.”

The company said: “In view of the current situation, ByteDance has been evaluating the possibility of establishing TikTok headquarters outside the United States in order to better serve our global users.”

Hadas Gold of CNN Business contributed to this report.


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