Investors to pay billions to US government in TikTok deal

Mar 16, 202611 sources

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Summary

Reports say the Trump administration is set to receive a fee, reported as $10 billion or $13 billion, for brokering a deal involving the social media app TikTok. The payment would come from investors in a joint venture related to the app.

Multiple outlets, including the Wall Street Journal, reported on the arrangement, which involves the US government receiving the money as part of the agreement.