Davos, Switzerland President Donald Trump is obsessed with saving Tiking and a solution he and his people are weighing, say the learned banker.
The deal will include major private stock players as well as US taxpayers’ money, according to Buzz at the World Economic Forum in the Swiss city of ski.
Bankers definitely want, despite this is a heavy elevator, they tell me, because tariffs for a billion of $ 20 rated can be quite rich.
Trump’s attempt to exceed a law by an executive order is a little legally suspicious. From what I hear, it will take more than 75 days to make a letter deal, including understanding what the Chinese will sell if anything.
The Chinese Communist Party, which controls every Chinese company, will not give up the comprehensive Tiktok algorithm, which matches users with various other accounts and allegedly collects data.
This means that the buyer will need additional funds above and beyond the receipt price to build the platform. Some entrepreneurs have already made wild offers to accelerate a sale, including Kevin Oâ Leary of the € tankâ € fame and internet hero â €. Beast, â € aka Jimmy Donaldson.
But Trump will probably have to come in with Chinese President XI and do so to happen in a way that pleases everyone. Not easy, I was told, because let’s admit it, we are global opponents.
A Trump administration spokesman refused to comment.
Trump’s dance with tiktok is quite interesting. He ran to stop the app again in 2020 because he believed its owner, Chinese company Bytedance, employs an algo allegedly spying on US users for Beijing.
The detention did not happen but it happened under the biden. Then the app briefly darkened just before inauguration.
Trump income, the last dealer of the fame of “Teacher” and “The Art of the Agreement”. Trump says he now likes the platform; He believes this helped him gain an advantage with new voters during the election.
He gave the app a comeback when issuing another executive order on Monday evening from 75 days to find a solution that meets the Biden law in order to stay in the US
Many moving parts. That is why people in Wall Street (and those in Davos with me) are still betting that Tiktok can darken for good after a degree of sound and rage that would eventually say nothing.
In general, the mood here in Davos-Epicenter of Globalism-is the interest this year after the elite of aircraft designation went down to the wonderful ski village.
There is not much right and boring of magic among CEOs, bankers, oligarchs, Middle East Middle Money reporters – their many armed guards – as was the case in 2016 when Donald Trump first ran and won.
Globalists expect trade indigestion with tariffs, but nothing existential. They also see a strong leader in Trump, a star contrast from the terrible presidency of Biden and Desultry. They like lower taxes and regulations.
They also like the notion of banking in Trump’s plan to try and set up at least part of Tiktok.
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