President Trump Considering Controversial Proposal for TikTok

SOURCE www.breitbart.com
President Trump is considering allowing TikTok to continue operating in the U.S. with its Chinese parent company, ByteDance, retaining control of its algorithm through a leasing arrangement, despite national security concerns. Various options are being examined, including U.S. investors increasing their stake in TikTok.

Key Points

  • Trump considering allowing ByteDance to retain control of TikTok's algorithm
  • Options include U.S. investors increasing stake in TikTok and restructuring deals
  • Prominent investors, such as Frank McCourt and Kevin O’Leary, expressing interest in TikTok deal

Pros

  • Potential for saving TikTok for its 170 million U.S. users
  • Using TikTok deal as leverage in broader economic negotiations with China

Cons

  • National security concerns over Chinese control of TikTok's algorithm
  • Potential backlash from China hawks in Trump's Republican party