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US Treasury is expected to retain part of the agreement between Microsoft and TikTok, according to Trump

Still after that, US President Donald Trump followed up with the threats and said that during the last Saturday, August 1, he could ban the app, but went back today, August 3, and said that Microsoft has 45 days to complete the purchase of the social network.

Finally, after all this “take off coat, put on coat”, Donald Trump hit the hammer and said that Microsoft should buy the application entirely, and not just operations in Australia, Canada, the United States and New Zealand, as the original proposal said.

In addition, the head of the White House also suggested that part of the agreement between ByteDance and Microsoft be left to the United States Treasury, so that it “facilitates” the transaction. “The United States must receive a refund or be paid a sum. Because without the USA, they have nothing ”, said the president.

The American president said, in a conversation with reporters at the White House, that it is complicated – for Microsoft – to buy only 30% of the company because, in this way, it would be divided in two. According to TikTok investors, in an interview with Reuters, the Chinese-owned social network is estimated to be valued at about $ 50 billion.

It is worth mentioning that, according to the head of state, the transaction must be carried out by September 15. Otherwise, TikTok will be banned from the country.

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