According to news on August 9, a recent foreign media comment stated that Trump’s request for a potential commission on TikTok is a “dangerous” idea, and that “maybe the White House will quietly retract this proposal.”
The reason is that if Trump’s proposal is deemed legal, it will set a dangerous precedent for the seizure of foreign companies through regulatory statutes and open the door to the same treatment for American companies.
Earlier, Trump publicly proposed that if Microsoft acquires all or part of TikTok’s shares, the US federal government should get a large return of funds.
Trump said that a large part of the purchase amount will have to be turned over to the U.S. Department of the Treasury, because the U.S. government made this transaction possible. “I told Microsoft and other companies that it doesn’t matter whether they acquire 30% of TikTok or the entire company. . But if the acquisition is really reached, the government will benefit from it, because we made this happen.”
In the eyes of foreign media, Trump was right about one thing, that is, if there is no pressure from the US government, there will be no potential sale negotiations. In addition, regardless of the value of TikTok’s business in the United States, Microsoft is in an exceptionally advantageous position in the negotiations, because another option that TikTok faces is to shut down completely. But Trump’s proposal will cause the US business community to lose more than it gains, because the latter may also receive the same treatment in the future.
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