Trump says the US has 'all the cards' on a potential TikTok sale as he doubles down on demand that the government get a 'very big' cut
"They understood that, and actually they agreed with me," Trump said. "I think they agreed with me very much."the company published Sunday saying that it plans to continue talks with TikTok following a conversation between CEO Satya Nadella and Trump.
"Microsoft fully appreciates the importance of addressing the President's concerns. It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury," the post said.The president didn't offer any specifics as to how he would force TikTok, which is owned by Chinese-based parent company ByteDance, or a potential buyer to share deal proceeds with the US government.
Trump has the authority under a 1988 law to block foreign business deals pertaining to US companies if he considers the deals to be a national security threat, which he has
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