Trump Eyes TikTok Ownership Shift

U.S. President Donald Trump anticipates significant interest in acquiring TikTok, expressing a desire for China to have no involvement in the company. Speaking to Republican lawmakers, he advocated for the U.S. to secure a 50% ownership stake in a joint venture with the social media platform.

U.S. President Donald Trump has forecasted robust interest from potential buyers of TikTok, a widely-used social media application, while emphasizing his preference for the exclusion of Chinese involvement.

Addressing Republican lawmakers at his Doral golf club in Miami, Trump articulated his expectation for a U.S. ownership position in the platform.

The President highlighted his vision for a joint venture where the United States attains a 50% ownership stake, reflecting his ongoing focus on American interests in global business operations.

(With inputs from agencies.)