Without divestment deal for ByteDance, app will go dark in US and ‘those decisions are coming very soon’, Lutnick says
US President Donald Trump’s administration will allow TikTok to remain in the US “if it’s in American control, and … China can have a little piece or ByteDance, the current owner, can keep a little piece”, Lutnick said, speaking on CNBC.
“Americans will have control. Americans will own the technology, and Americans will control the algorithm. That’s something Donald Trump is willing to do. If that deal gets approved then by the Chinese, then that deal will happen,” he said.
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