US President Donald Trump said that a significant part of the sale of the Chinese service TikTok should go to the US Treasury.
“A very large part of this price should go to the US Treasury Department,” Trump said at a press conference, speaking about the possible sale of the service.
When asked how the Treasury Department can profit from this, Trump replied: “Very simply. We have all the cards in our hands. They can’t come to the US without us.”
Earlier, Trump said that he could ban TikTok on the grounds that It is a Chinese company that by law must transfer user data to the Chinese authorities. TikTok states that it has not transferred or plans to transfer user data to the Chinese authorities. Microsoft on Sunday confirmed after consulting with trump that it will continue to negotiate the purchase of the app.