President Donald Trump gave Microsoft Corp. some advice on its bid to buy the U.S. arm of TikTok, the controversial Chinese video-sharing app. On Monday (Aug. 3), Trump said it could be easier if Microsoft were to buy the Chinese-owned company in its entirety, not just a piece of it, and that Microsoft should pay the U.S. Treasury as part of the deal, CNBC reported.
“I think buying 30 percent is complicated,” Trump told reporters at the White House, discussing a conversation over the weekend with Microsoft CEO Satya Nadella.
“It’s a little bit like the landlord/tenant – without a lease, the tenant has nothing, so they pay what’s called ‘key money,’ or they pay something,” Trump said. “But the United States should be reimbursed or should be paid a substantial amount of money, because without the United States they don’t have anything, at least having to do with the 30 percent.” […]