TikTok: Donald Trump has not delivered his verdict on the deal with Oracle

by bold-lichterman

The Trump administration had not taken a decision Wednesday evening on the agreement between TikTok and the American Oracle, which should allow the popular application to remain active in the United States, said Donald Trump, ensuring that he does not want any loopholes on security. The agreement ” must be 100% national security level. And no, I’m not ready to sign anything. I need to see the deal ”Donald Trump said at a White House press conference Wednesday. “We need security, especially after what we have seen on China and what is happening”, he added, specifying that a report on the text of the agreement would be made to him Thursday morning.

The administration seems disunited on the agreement

The agreement should allow Americans to continue using this application, which makes it possible to make short videos, often musical or humorous. The days of TikTok are numbered in the United States. The application is accused of spying on behalf of the Chinese government by Donald Trump, which demands the sale of its American activities by September 20, under penalty of a ban in the country. A deal, which would make the California software group Oracle the “Trusted technological partner” of TikTok, owned by the Chinese group ByteDance, has been mentioned since a takeover proposal made by the American giants Microsoft and Walmart was refused by ByteDance. It would therefore be a minority stake in Oracle.

” I do not like it “, commented Donald Trump, who wants TikTok’s American activities to completely leave the Chinese fold and pass into American hands, via a sale, hoping that the United States will recover part of the money paid by the buyer in the process. . “I want a lot of this money to go to the United States government because we made it possible (this sale, editor’s note)”, he stressed, lamenting that the lawyers tell him “That there is no way to do this”. The administration does not seem united on the agreement with Oracle. Treasury Secretary Steven Mnuchin is in favor, CNBC reported earlier today.