How much money will Donald Trump manage to extract from American businesses under the pretext of acquiring TikTok? Likely a substantial sum, as the U.S.
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President, with his bold approach, has announced plans for a "multi-billion-dollar deal" involving the government and ByteDance. The aim is to relocate TikTok’s American operations from Chinese control to a U.S.-led framework, with investors, not taxpayers, covering the cost. Key players include private equity firm Silver Lake and tech giant Oracle, both poised to inject significant capital.
What’s striking is the public call for investor contributions despite the absence of a finalized agreement. Trump appears eager to channel business funds into his administration, yet skepticism lingers about whether these resources will be used as promised. The deal’s structure remains fluid, with discussions hinting at a spin-off of TikTok’s U.S. entity, diluting Chinese ownership below the 20% threshold mandated by law. This move is framed as a national security necessity, though critics question the transparency and true beneficiaries.
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The involvement of major investors like Oracle, known for its data-handling capabilities, suggests a strategic play to address security concerns, while Silver Lake’s financial muscle could drive the deal forward. However, the lack of a concrete plan raises doubts about its feasibility and intent. Some speculate this could be less about TikTok’s future and more about leveraging business wealth for political gain, a tactic that aligns with Trump’s business-friendly rhetoric. As negotiations evolve, the outcome remains uncertain, blending economic strategy with political maneuvering in a high-stakes game.
