Trump wants the Treasury to get a substantial cut of any TikTok acquisition. China\'s state media says that would be \'open robbery.\'

Trump wants the Treasury to get a substantial cut of any TikTok acquisition. China's state media says that would be 'open robbery.'

Business Insider Tuesday, 4 August 2020 ()
Trump wants the Treasury to get a substantial cut of any TikTok acquisition. China's state media says that would be 'open robbery.'· President Trump said on Monday TikTok has a deadline of September 15 to sell its US business or it will be "out of business in the United States."
· Trump also said a "substantial portion" of the any sale of the app should go to the US treasury.
· He wasn't clear whether that cut should come from the purchasing company or...
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News video: Microsoft Looks to Acquire TikTok

Microsoft Looks to Acquire TikTok 03:12

 Tech giant Microsoft is looking to acquire TikTok after President Trump threatened to ban the social media platform from the U.S.