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China tech

Trump's push for cut of TikTok sale met with doubt and dismay

Blurring of lines between politics and business raises alarm

It is unclear how U.S. President Donald Trump expects to receive a cut of TikTok's sale.   © Reuters

WASHINGTON -- U.S. President Donald Trump's demand that the government receive a slice of TikTok's sale has left experts scratching their heads as to how such payment can be made legally and what kind of precedent it would set. 

Commenting on a proposed acquisition of TikTok's U.S. operations by Microsoft, Trump said Monday that "a very substantial portion" of any TikTok sale must go to the U.S. Treasury "because we're making it possible for this deal to happen."

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