Donald Trump: US Treasury should get cut of TikTok deal

Donald Trump says the government should get a cut from the sale of TikTok’s US unit if an American firm buys it.

Donald Trump: US Treasury should get cut of TikTok deal

The US president said he made a demand for a “substantial portion” of the purchase price in a phone call at the weekend with Microsoft’s boss.

He also warned he will ban the app, which is owned by China’s ByteDance, on 15 September if there is no deal.

ByteDance is under pressure to sell its US business after Mr Trump threatened a crackdown on Chinese tech companies.

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