Trump claims the US is about to get a tremendous fee for taking TikTok out of China

Trump claims the US is about to get a tremendous fee for taking TikTok out of China

A 10 percent stake in Intel, 15 percent of Nvidia’s China sales, a “golden share” of Nippon Steel — what price will Trump extract next in exchange for favorable treatment? Well, The Wall Street Journal is reporting that the Trump Administration is “expected to collect a multibillion-dollar fee” in exchange for negotiating a US takeover of TikTok’s US business.

That fee will reportedly come from TikTok’s US investors, including private equity firm Silver Lake and Oracle, with the new group getting half of TikTok, while TikTok China’s parent company ByteDance would still have under 20 percent.

Yesterday, Trump said that “the United States is getting a tremendous fee-plus, I call it a ‘fee-plus,’ just for making the deal.” But Trump says a lot of things that need dissecting, and it was absolutely unclear today whether there’s even a TikTok deal or not.

So to see the WSJ reporting that “people familiar with the matter” think a deal might not only get approved, but also see billions of dollars flow from US companies into the Trump Administration’s coffers, sounds like something to be aware of. Why would those companies pay Trump’s government billions unless they think they’ll make even more?

5 Comments

  1. oosinski

    This is an intriguing take on the situation with TikTok and its potential implications for major companies. It’s interesting to see how these developments might affect both the tech industry and international relations. Looking forward to seeing how this unfolds!

  2. kihn.jacky

    You’re right; it’s fascinating to consider how such moves could reshape relationships between tech companies and governments. It might also set a precedent for how other countries handle foreign tech investments in the future.

  3. phudson

    Absolutely, it really could shift the dynamics in the tech industry. It’s also interesting to think about how this might impact data privacy and security concerns, especially with companies like Intel and Nvidia involved.

  4. thowell

    about how these deals might influence international relations as well. With major companies like Intel and Nvidia involved, the implications could extend beyond just financial gains, potentially affecting innovation and competition in global markets.

  5. josiane53

    You bring up a great point about international relations! The involvement of major companies like Intel and Nvidia could indeed shift alliances and economic dynamics. It’ll be interesting to see how these potential stakes might affect tech competition and collaborative efforts between the U.S. and China moving forward.

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