Business
Trump Push for TikTok Fee Confounds Washington Security Experts – Bloomberg
President Donald Trump insists that any sale of the TikTok video app include a cut for the federal government, yet that demand has baffled policy experts and lawyers who say such a payment would stretch his authority under U.S. law.
President Donald Trump insists that any sale of the TikTok video app include a cut for the federal government, yet that demand has baffled policy experts and lawyers who say such a payment would stretch his authority under U.S. law.
The fee has emerged as an unusual sideshow in the administration’s effort to pressure China’s
ByteDance Ltd. to sell TikTok’s U.S. operations to an American owner over national security concerns. Since calling for the sale last month, Trump has repeatedly said he …
-
General23 hours agoDonald Trump’s initial 10 per cent tariff takes effect
-
General22 hours agoJaguar Land Rover in UK pauses shipments to US
-
General20 hours agoTexas opens probe into Kellogg’s health claims, dyes
-
General18 hours agoAustralian share market set to dive as threat of US recession grows