US ought to get giant share of TikTok sale proceeds: Prez


Washington, August 4

President Donald Trump has demanded that the US treasury ought to get a considerable chunk of the TikTok sale proceeds, as he set September 15 because the deadline for the favored Chinese brief video app to be out of enterprise within the nation except it’s purchased by an American firm.

Trump was talking to reporters on Monday, hours after it introduced the deadline for TikTok to cease operations within the US.

Technology large Microsoft is in talks with TikTok’s guardian firm ByteDance to purchase its US operation. However, the president is in favour of an entire 100 per cent buy and never the 30 per cent as reportedly being negotiated now.

“The US should get a very large percentage of that price because we’re making it possible… It would come from the sale, yeah… whatever the number is,” Trump stated. — PTI



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