The president once again likened TikTok’s presence in the U.S. to a landlord-tenant relationship, saying the Treasury should get a ‘big proportion’ of the sale.
on Monday that the sale would have to be closed by September 15 or else the app would be banned in the U.S. over concerns that U.S. users’ data might be transferred by the Chinese-owned company to the Chinese government.
Trump also asserted that “a very substantial portion” of the price Microsoft pays for TikTok “is gonna have to come into the Treasury of the United States, because we’re making it possible for this deal to happen.”that whoever buys TikTok"has got to be an American company” because “we don't want to have any problems with security,” adding “we think we deserve to have a big percentage of that price coming to the Treasury."“without the lease, the tenant doesn't have the value...
"If you're a landlord and you have a tenant, the tenant's business needs rent. It needs a lease,” Trump once again opined.Trump’s insistence on the U.S. taking a cut from a TikTok deal has drawn detractors even among the ranks of conservatives, who suggest the move cuts against free market values the Republican Party has advocated for over decades. “Ummm no,”
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