Trump's TikTok Deal: $10 Billion Payment Demand to US Treasury
Trump Demands $10 Billion Payment - Trump from TikTok deal to US Treasury - During negotiations for the transfer of ownership of the TikTok social media platform to local companies in the US, the Donald Trump administration came up with an unusual demand. It is reported that the White House stipulated the payment of up to $10 billion in "transaction fees" to the US Treasury in exchange for the approval of this deal.
According to the "Wall Street Journal" newspaper, this demand was put forward during the process of transferring TikTok's operations in the US to a new structure to be created with the participation of giant companies like Oracle and Walmart. It is noted that such a large "commission" demand is rarely encountered in the history of international trade and investment.
The Trump administration had previously repeatedly expressed serious concerns about the data security of US citizens due to TikTok belonging to the Chinese company ByteDance. These concerns led to the threat of the platform being banned in the US, and as a result, TikTok was forced to sell its operations in the US.
The entry of the proposed $10 billion into the US Treasury is valued as a significant contribution to the country's economy. Trump had previously emphasized that foreign companies operating in the US should bring benefits to the country, and this demand is a clear example of his stance.
This event could set a new precedent in international business practice, with a country's government directly demanding such a large "transaction fee" from the sale of a foreign company operating in its territory.