Donald Trump explains why he changed his mind about TikTok

Donald Trump explains why he changed his mind about TikTokSource: The White House

Transcript

00:00The U.S. essentially would be paid, for doing that, half of the value of TikTok.

00:04Would there be a private sector owner as well in the U.S.?

00:07Could be. Could be a lot. Tell you what, every rich person has called me about TikTok.

00:12You wanted to block TikTok. Why did it change your mind?

00:15Because I got to use it. And remember, TikTok is largely about kids,

00:21young kids. If China is going to get information about young kids, I don't know.

00:26I think, to be honest, I think we have bigger problems than that. But, you know, when you

00:31take a look at telephones that are made in China and all the other things that are made in China,

00:36military equipment made in China, TikTok, I think TikTok is not their biggest problem.

00:44But there's big value in TikTok if it gets approved. If it doesn't get approved,

00:48there's no value. So if we create that value, why aren't we entitled to like half?