Trump: US Should Get 'Substantial Portion' of TikTok Operations Sale Price
Posted on AllSides August 4th, 2020
From The Right
President Donald Trump said Monday the U.S. government should get a "substantial portion" of the sales price of the U.S. operations of popular short-video app TikTok and warned he will ban the service in the United States on Sept. 15 without a sale.
The turnaround came after Trump on Friday said he was planning to ban the Chinese-owned video app's U.S. operations as soon as Saturday after dismissing a possible sale to Microsoft.
Reuters reported last week that some investors are valuing TikTok at about $50 billion, citing people familiar...
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