The Trump Administration Will Somehow Make $10 Billion Off the TikTok Deal

Source: Mother Jones · Bias: Left

Summary

The yearslong battle over TikTok’s ownership has concluded in a $10 billion windfall for the Trump administration. On Friday, the Wall Street Journal reported that investors in the recently completed deal to create a US-controlled TikTok will pay the government the exorbitant sum for its role in helping broker the transaction. The fee is about […]

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Mother Jones

The Trump Administration Will Somehow Make $10 Billion Off the TikTok Deal

Left

The yearslong battle over TikTok’s ownership has concluded in a $10 billion windfall for the Trump administration. On Friday, the Wall Street Journal reported that investors in the recently completed deal to create a US-controlled TikTok will pay the government the exorbitant sum for its role in helping broker the transaction. The fee is about […]