TikTok, Trump and an Impulse to Act as C.E.O. to Corporate America

Posted on AllSides August 4th, 2020
From The Left
business, TikTok, Donald Trump, US Treasury, sale price, Microsoft

The president’s interventions in company dealings based on his own instincts are a departure from the arm’s-length approach of predecessors of either party.

President Trump campaigned on a promise to run the economy like his business empire. And for almost four years, he has unabashedly wielded the power of the presidency to insert himself into corporate affairs, helping some companies and punishing others in line with his instincts and inclinations.

The latest target of his attention is TikTok, the Chinese-owned social media app under scrutiny for potentially providing the Chinese...

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https://www.nytimes.com/2020/08/03/business/economy/trump-tiktok-china-business.html

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