Trump: US Should Get ‘Substantial Portion’ of TikTok Operations Sale Price

Trump: US Should Get ‘Substantial Portion’ of TikTok Operations Sale Price
TikTok logo is displayed on the smartphone on the U.S. flag on Nov. 8, 2019. Reuters/Dado Ruvic
Reuters
Updated:

WASHINGTON—President Donald Trump said Monday the U.S. government should get a “substantial portion” of the sales price of the U.S. operations of popular short-video app TikTok and warned he will ban the service in the United States on Sept. 15 without a sale.

The turnaround came after Trump on Friday said he was planning to ban the Chinese-owned video app’s U.S. operations as soon as Saturday after dismissing a possible sale to Microsoft.