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President Donald Trump declared TikTok "worthless" without U.S. government approval during remarks on Tuesday.

He floated a controversial idea for prospective buyers: "Buy it and give half to the United States of America. Half, and we'll give you the permit."

TikTok faces pressure to find a U.S. buyer due to a federal law banning its operation unless "significant progress" is made toward a sale.

An executive order signed by Trump on Monday grants a 75-day extension for a deal.

China has criticized the U.S. stance, urging the creation of a fair business environment for all enterprises, according to Foreign Ministry spokesman Guo Jiakun.

#trump #donaldtrump #tiktok #tariff #ustiktok

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00:00And I've met with owners of TikTok, the big owners.
00:04It's worthless if it doesn't get a permit.
00:07It's not like, oh, you can take the U.S.
00:09The whole thing is worthless.
00:11With a permit, it's worth like a trillion dollars.
00:15So what I'm thinking about saying to somebody is buy it and give half to the United States
00:20of America, half, and we'll give you the permit.
00:23And they'll have a great partner, the United States.
00:26And they'll have something that's actually more valuable because they have the ultimate
00:29partner.
00:30And the United States will make it very worthwhile for them in terms of the permits and everything
00:34else.
00:35But so think of it.
00:36You have an asset that has no value or has a trillion dollar value.
00:41It all depends on whether or not the United States gives the permit.
00:44So what I'm saying is let the United States give the permit and the United States should
00:48get half.
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