Washington, April 4 /TASS /. US President Donald Trump announced Thursday about the willingness to consider a potential agreement, whereby China will allow Tiktok to sell US customs.
There is a situation with Tiktok, when China can say: We will approve this agreement, but you will do something in the tariff? Tariff gives us a great opportunity for negotiations. And they always give us, the US leader emphasized and answered the questions of the journalists on the presidential aircraft towards Miami (Florida).
We can use tariffs to get something back, he added. At the same time, the head of the State emphasized that he “without faith” that Beijing would accept such an approach. Trump said his administration was very close to the conclusion of Tiktok transaction, in which some US investors participated.
Supply for purchases
According to Bloomberg, the head of the State reviewed Wednesday, the proposal of a group of US investors, including Oracle, Blackstone and Venture Androwen Horowitz, became the main candidate for the acquisition of Tiktok. Vice Chairman Jay Di Wence is participating in finding a social network buyer, the agency noted. According to their dialogers, the discussions have not yet reached the final stage, however, the period when the transaction must be completed on Saturday, April 5. Recently, Trump made it clear that he was ready to extend this stage.
According to the agency's sources, according to Trump's proposal, external investors will become the owner of 50% of US businesses Tiktok in the unit, will be allocated from the Bytedance owner. About 30% of businesses will belong to current investors. The ratio of Bytedance in the new US enterprise will be less than 20%, which will allow it to meet the requirements of the US Law last year. Proposing the provision that the Tiktok itself will first maintain with Bytedance, and then will be licensed by the new US businesses. Oracle will receive a small part of the business.
After taking office, the US leader signed a decree designed to delay the blocking of this platform in the United States for at least 75 days (until April 5). He also told reporters that the United States should have the right half of Tiktok, but not exactly what this means. Trump said earlier that he “warmly” mentioned this platform, because the user's voice among the young Americans contributed to his victory in the election in November 2024. Previously, the press secretary of the PRC Embassy in Washington Liu Penyuy, in a comment, compares this situation that could occur in the United States.
The 46th US President Joe Biden in 2024 signed the law forcing the Chinese Bytedance Group to sell or stop Tiktok in the United States until January 19 this year.