Unusual for US Treasury to get a cut of TikTok sale, says White House aide

Unusual for US Treasury to get a cut of TikTok sale, says White House aide

White House/Photo: Pixabay

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.