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No, 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
by jonathankoren 6y ago
No, 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...