-
chevron_right
Trump administration to be paid $10bn for brokering TikTok deal
news.movim.eu / TheGuardian • 14 March 2026
Exceptionally rare ‘fee’ to be paid by investors who took control of US operations from Chinese parent company
Donald Trump’s administration is reportedly poised to be paid $10bn by investors as part of a deal to create a US-controlled version of TikTok.
The $10bn, considered by the US government as a sort of transaction fee, will be paid by the administration-friendly investors who took control of TikTok’s US operations from its Chinese parent company, ByteDance, according to reporting that first appeared in the Wall Street Journal .
Continue reading...