Don’t miss the latest developments in business and finance.

TikTok deal must benefit US and ensure 'total security,' says Trump

Trump made the remarks after issuing an executive order banning transactions with TikTok's Chinese parent Bytedance

Donald Trump, TikTok,
Microsoft reportedly in talks with ByteDance to buy Tiktok
Reuters Washington
1 min read Last Updated : Aug 14 2020 | 7:37 AM IST

President Donald Trump said on Thursday that any deal to sell Chinese-owned social media app TikTok to an American company must "substantially" benefit the United States and provide "total security."

Trump made the remarks after issuing an executive order banning transactions with TikTok's Chinese parent Bytedance by mid-September after appearing to bless a sale of the popular video sharing app to Microsoft .

Topics :TikTokByteDanceDonald TrumpUnited StatesMicrosoft