Unusual for U.S. Treasury to get a cut of any TikTok sale: White House aide

Unusual for U.S. Treasury to get a cut of any TikTok sale: White House aide

4 years ago
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https://www.reuters.com/article/us-usa-tiktok-kudlow/unusual-for-u-s-treasury-to-get-a-cut-of-any-tiktok-sale-white-house-aide-idUSKCN25F2K6

President Donald Trump wants to deny China some of the proceeds from the sale of ByteDance's U.S. operations of its video-sharing app TikTok, White House economic adviser Larry Kudlow said on Wednesday, but it would be unusual for any company that acquires TikTok to provide funds to the U.S. Treasury.

Unusual for U.S. Treasury to get a cut of any TikTok sale: White House aide

Aug 19, 2020, 9:36pm UTC
https://www.reuters.com/article/us-usa-tiktok-kudlow/unusual-for-u-s-treasury-to-get-a-cut-of-any-tiktok-sale-white-house-aide-idUSKCN25F2K6 >President Donald Trump wants to deny China some of the proceeds from the sale of ByteDance's U.S. operations of its video-sharing app TikTok, White House economic adviser Larry Kudlow said on Wednesday, but it would be unusual for any company that acquires TikTok to provide funds to the U.S. Treasury.