Trump’s TikTok deal could face hitch over billionaires’ stakes in China parent ByteDance: sources
NegativeU.S News

Trump's potential deal with TikTok is facing complications due to concerns over the stakes held by billionaires in its Chinese parent company, ByteDance. Investors are worried that if these stakeholders remain involved, it could lead to a majority ownership by Chinese interests, which would likely provoke a strong backlash from Congress. This situation highlights the ongoing tensions between U.S. and Chinese tech companies and raises questions about national security and foreign investment regulations.
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