Trump says he has given his ‘blessing’ to TikTok deal but that final terms are still being negotiated

On Saturday, the Commerce Department said it was delaying the app restrictions by one week, until Sept. 27.Trump has tried for weeks to force TikTok to spin off its U.S. operations to prevent the app’s Chinese parent company from accessing U.S. data. TikTok has repeatedly insisted that it does not share U.S. user information with the Chinese government.

Walmart and Oracle said in a joint statement that TikTok Global “will pay more than 5 billion in new tax dollars to the U.S. Treasury.”Treasury spokeswoman Monica Crowley said final “approval of the transaction is subject to a closing with Oracle and Walmart and necessary documentation and conditions to be approved by” U.S. officials on the Committee on Foreign Investment in the United States.

He later backed down from that statement, saying this week that he found out the government was not allowed to do that.He also added an important caveat, saying, “We’ll see whether or not it all happens, but conceptually I think it’s a great deal for America.” Trump’s blessing comes despite concerns from multiple government agencies tasked with evaluating the national security risks of proceeding, said a former U.S. official, who spoke on the condition of anonymity because of the matter’s sensitivity. The agencies, whose representatives sit on what is known as the Committee on Foreign Investment in the United States, still have concerns that Oracle has not yet addressed regarding data, source code and some disclosure of TikTok’s algorithm.

his 'blessing' bruh

His keen on tiktok, but more than 195k have died from covid he is still golfing. Hope voters remember this come Nov 3rd

'blessing' from an evil man? No thanks!

Who gives a rats butt what he blesses. He didn’t make the deal and it isn’t done yet. Typical trump extortion.

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