Trump blesses TikTok deal with Oracle and Walmart. How will China respond?

WeChat will be banned in the U.S. and new downloads of and updates to TikTok will not be available starting Sunday, the Commerce Department said.Treasury spokeswoman Monica Crowley said approval of the deal is subject to closing with Oracle and Walmart, as well as conditions to be approved by the Committee on Foreign Investment in the United States.Trump had earlier floated that any prospective deal should result in a direct payment into the U.S. Treasury.

China’s Ministry of Commerce called for the U.S. to stop “bullying” and said China would take “necessary measures” to protect Chinese companies’ rights and interests.China on Saturday announced “provisions on an unreliable entity list,” allowing it to take measures against foreign enterprises if they are national security threats, including barring them from investing in China or stopping them from engaging in China-related imports or exports.

In a statement Sunday, China’s Ministry of Commerce said the rules it issued Saturday “are not targeting any specific country or industry,” and had been in the works for more than a year, since May 2019.Trump said he believes it’s going to be “a fantastic deal,” adding that “the technology’s superior to anything in the world, and we like that.”

trump has been proven to be a failed businessman. Why would anyone take his advice?

Sounds like communist China. 🙄

Hey Oracle and Walmart, if you do the fascist political re-education fund, the kids will abandon the platform, you will lose your asses, and you will deserve it. CNN SpeakerPelosi cnbc

Pandemic priorities

I cannot imagine this is legal.

Legally sanctioned corruption!

This can’t be legal. Just announce a security interest and force a company to sell to an American business. Just imagine if this becomes international precedent.

I do not understand why realDonaldTrump is involved in this...we are a free market system, So why is the Potus engaged in private sector acquisitions? MakeItMakeSense

'Blesses?' I know it's just a word but he isn't a king or a priest. He just gets treated like one.

The backdoor is always open to a deal

'Blesses' 🙄🙄🙄

Of course he does, he’s got an interest in the company’s through his Blind Trust.

What will happen to the TikTokers in the United States? 😂

Might be worth $20 billion to send this stupid fucker off into the sunset.😂

The master says it has his approval

Blackmail deal. That's realDonaldTrump led UnitedStates toxic media imperialism. Again thx for misery capitalism & fabulous plutocracy ruled by foolish oligarchy servants like Adenauer & Merkel. Good servants are bad masters Not only in UnitedSatanicstatesOfAmerica.

Of course his biggest donors, Walmart is the head quarters of his base. Oracle put those ten thousand a plate dinners on for him. I wonder do they use Walmart plates ?

Two right wing led companies.

Dictatorship much?

Not a story.

Great leader !!

The Dear Leader is at it again.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

President Trump Gives TikTok Deal with Oracle, Walmart His 'Blessing'President Donald Trump said Saturday he's given his 'blessing' to a proposed deal between Oracle and Walmart for the U.S. operations of TikTok. So glad Tik Tok isn't going anywhere here in Canada. Some of y'all need maps to find your dicks yet you're running 'things.' But isn't walmart own by china? WalMart?
Source: THR - 🏆 411. / 53 Read more »

Trump backs TikTok deal with Oracle, WalmartUS President Donald Trump gives 'blessing' to a proposed deal between Oracle and Walmart for the US operations of Chinese-owned app TikTok
Source: trtworld - 🏆 101. / 63 Read more »

Cramer: Oracle and Walmart need to work harder to please Trump on TikTok dealPresident Donald Trump 'is the guy doing this. It's not any of his advisors. It's the president, and so nobody knows what's really going to happen,' CNBC's Jim Cramer said. Crazy Cramer is a Trump bootlicker. what a fukin timeline we live in Does he expect cash?
Source: CNBC - 🏆 12. / 72 Read more »

Trump backs proposed TikTok deal with Oracle, WalmartPresident Trump said he's given his “blessing” to a proposed deal between Oracle and Walmart for the U.S. operations of TikTok, the Chinese-owned app he's targeted for national security and data privacy concerns. Fck Walmart Did he tell Oracle and Walmart, is the first question. This is NOT free market capitalism. Donald is testing our resolve. How long before he personally steps in on other business deals, forces bankruptcies, mergers, acquisitions... all for his benefit?
Source: AP - 🏆 728. / 51 Read more »

TikTok Apparently Saved as Trump OKs Last-Minute Oracle-Walmart DealTikTok lives ... or so it seems. Dude so worried about tiktok but downplays a virus. He's backwords. Buying votes already, not that hard to see The rich takes care of the rich
Source: TMZ - 🏆 379. / 59 Read more »

Trump has approved a deal between Walmart, Oracle and TikTok so the app won't be bannedThe new company will be called TikTok, and it would be headquartered in Texas. HE’S NOT A KING! It's to Trump supporter Larry Ellison.
Source: USATODAY - 🏆 100. / 63 Read more »