Please disable your adblock and script blockers to view this page

China calls Trump's proposed Microsoft-TikTok cut state-sanctioned robbery - Business Insider


the US Treasury
TikTok
Global Times
ByteDance
Trump
Microsoft
The China Daily
the Communist Party
CNN
Trump's
Business Insider


Trump
Hu Xijin
Satya Nadella


American
Chinese

No matching tags

No matching tags


US
America
the United States
cut."I
China

No matching tags

Positivity     47.00%   
   Negativity   53.00%
The New York Times
SOURCE: http://www.businessinsider.com/trump-tiktok-deal-treasury-cut-china-reaction-2020-8
Write a review: Business Insider
Summary

But if somebody, whether it's Microsoft or somebody else, buys it, that'll be interesting."Trump then said he had stipulated to Nadella that if a deal goes through he wants the US government to get a cut."I did say that if you buy it, whatever the price is that goes to whoever owns it — because I guess it's China, essentially [...] I said a very substantial portion of that price is going to have to come into the Treasury of the United States, because we're making it possible for this deal to happen," said Trump.The China Daily, owned by the Communist Party of China's publicity department, wrote in response: "China will by no means accept the 'theft' of a Chinese technology company, and it has plenty of ways to respond if the administration carries out its planned smash and grab."Trump's explanation for why the US should get a large chunk of the deal was vague, and he compared the arrangement to a tenant paying a landlord."Right now they don't have any rights unless we give it to them, so if we're going to give them the rights it has to come into this country, it's a little bit like the landlord-tenant — without a lease the tenant has nothing.

As said here by Isobel Asher Hamilton