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US-China tensions

Trump looks for TikTok 'deal' as Election Day looms

As trade agreement wanes, president searches for next trophy

U.S. President Donald Trump walks to the podium in the East Room of the White House on Aug. 4. (Photo courtesy of the White House)

NEW YORK -- Between his first-phase trade agreement with China and the November election, businessman U.S. President Donald Trump has seated himself at another negotiating table to show off his "art of the deal."

On Tuesday, Trump painted his administration as the broker of the yet-to-be-realized purchase of Chinese short video app TikTok by an American company -- likely Microsoft -- doubling down on the claim that "a very big proportion of that price would have to go to the Treasury of the United States."

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