Trump announces TikTok ban if no sale by Sept. 15, wants ‘a lot of money’ for US treasury

As expected, President Trump has officially announced that the US will ban TikTok and other China-based apps/services like WeChat. In the case of TikTok, Microsoft is working on a potential deal that could see the service continue on but details will need to be nailed down in a matter of weeks. Trump also said that he wants to see the US Treasury take a cut that would amount to “a lot of money” if an acquisition goes through.

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