Trump claims the US is about to get a tremendous fee for taking TikTok out of China

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A 10 percent involvement successful Intel, 15 percent of Nvidia’s China sales, a ā€œgolden shareā€ of Nippon Steel — what terms volition Trump extract adjacent successful speech for favorable treatment? Well, The Wall Street Journal is reporting that the Trump Administration is ā€œexpected to cod a multibillion-dollar feeā€ successful speech for negotiating a US takeover of TikTok’s US business.

That interest volition reportedly travel from TikTok’s US investors, including backstage equity steadfast Silver Lake and Oracle, with the caller radical getting fractional of TikTok, portion TikTok China’s genitor institution ByteDance would inactive person nether 20 percent.

Yesterday, Trump said that ā€œthe United States is getting a tremendous fee-plus, I telephone it a ā€˜fee-plus,’ conscionable for making the deal.ā€ But Trump says a batch of things that request dissecting, and it was perfectly unclear contiguous whether there’s adjacent a TikTok woody oregon not.

So to spot the WSJ reporting that ā€œpeople acquainted with the matterā€ deliberation a woody mightiness not lone get approved, but besides spot billions of dollars travel from US companies into the Trump Administration’s coffers, sounds similar thing to beryllium alert of. Why would those companies wage Trump’s authorities billions unless they deliberation they’ll marque adjacent more?

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