Trump Wants 50% Ownership of TikTok for the United States

President-elect Donald Trump told his supporters connected Sunday that helium wants the TikTok app, owned by a Chinese company, to beryllium astatine slightest 50% owned by American investors.

On the eve of his inauguration, Trump stated astatine a rally successful Washington that helium would let the app to proceed operating successful the United States, "but the United States indispensable ain 50% of TikTok."

Trump added, "TikTok is worthy nothing; it is zero without obtaining support to operate." He continued, "If support is granted, they could go valued astatine a trillion dollars; they would person tremendous value."

Trump explained, "I americium granting support connected behalf of the United States, truthful they tin person a spouse — the United States. They volition person plentifulness of offers, and we volition initiate what we telephone a associated venture."

The fashionable app was inaccessible to users successful the United States for astir 12 hours connected Sunday, arsenic a caller U.S. instrumentality was acceptable to instrumentality effect. The instrumentality required TikTok to either beryllium sold by its existent Chinese owners, ByteDance, oregon look a prohibition successful the country.

The app resumed operations aft Trump, who is acceptable to instrumentality bureau today, announced that helium would contented an enforcement bid to reactivate the level successful the United States.

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