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Trump just openly demanded that the US government get a cut of the sale if it goes to Microsoft. If I were TikTok I'd be shopping the company to europeans just
by mullingitover 6y ago
Trump just openly demanded that the US government get a cut of the sale if it goes to Microsoft.
If I were TikTok I'd be shopping the company to europeans just to avoid any further headaches. They'd still get access to the US market but wouldn't have to deal with the headache of a sale to a US company.
- katmannthree 6y agoIs that normal? I haven't heard of that happening before and it feels really weird.
- jonathankoren 6y agoNo, and when pressed on the point, he deflected. There's no authority -- presidential, or otherwise -- to "ban" TikTok, nor enforce a sale of a foreign entity to an American (The foreign investment act is about selling American companies to foreign companies, not Americans buying foreign countries.), nor is there any way for the federal government to get a cut of any sale. It's just typical Trump talking out of his ass. https://www.washingtonpost.com/business/2020/08/03/trump-microsoft-tiktok-treasury/ https://www.washingtonpost.com/business/2020/08/03/trump-mic...
- kevin_thibedeau 6y agoThey should sell to Yandex. See Trumpie quiver in his boots.