Trump's TikTok deal is about power, experts say -- not national security

[turbinetree]

By Donna Provencher -September 22, 2020 12:56 PM

Experts see Trump's threats as a thinly veiled bid for control in an ongoing global trade tug-of-war.

Trump's threats against TikTok were never about national security, experts say. It was always about power.

The outlook for TikTok and WeChat was bleak in the United States last week, as Trump's threatened ban on the Chinese apps loomed.

Then Saturday, Trump unexpectedly signed off on the formation of TikTok Global, a new entity jointly operated by Oracle and Walmart and hosted in the United States, effectively brokering a deal to give the United States a financial stake in the wildly successful social media platform.

In this arrangement, TikTok would pay $5 billion in tax dollars to the U.S. Treasury.

Published with permission of The American Independent Foundation.

https://americanindependent.com/donald-trump-tiktok-wechat-chinese-apps-technology-social-media-national-security-trade-war/

Its always about money....................

[Sanity Claws]

1. Also about getting a bribe

He wanted a share in the purchase price for approving the deal.

[C_U_L8R]

2. All this for a minority share?

It’s more likely a vehicle for siphoning payola from China to Trump