Trump and China spar over 'total control' of TikTok

President threatens to block deal unless Oracle and Walmart hold command

20200921N ByteDance flags

Both ByteDance and Washington assert that their respective side will control TikTok's international operations after the planned deal with Oracle and Walmart. © Reuters

NAOKI MATSUDA, Nikkei staff writer

SHANGHAI -- U.S. President Donald Trump said Monday that he would not consent to a deal to allow TikTok to stay in business unless Oracle and Walmart were in the driver's seat of the new U.S.-based company that would run it.

Trump, who has pushed for a sale that would put TikTok under American ownership, said in a Fox News Channel appearance that if Oracle and Walmart "don't have total control, then we're not going to approve the deal."

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