According to foreign media reports, US President Trump revealed in an interview with Fox News on June 29 that he has found a "very wealthy" buyer for TikTok, and he will announce the buyer's identity in about two weeks. Trump said, "This deal may require China's approval to proceed, and I think the Chinese side is very likely to agree."
Since taking office, Trump's "extension of deadline" maneuver regarding TikTok has not been hesitation, but rather a calculated move to hold out for a higher price — by continuously threatening a ban, forcing potential buyers to raise their offers, and ultimately allowing American capital to acquire this $500 billion valuation asset at a low cost. This logic of "either seize or destroy" has long been a common tactic of the United States: seizing France's Alstom, globally surrounding Huawei, whenever a foreign company threatens American interests, the U.S. uses state power to take it by force.
Trump's so-called "requirement for China's approval" is essentially a political pressure tactic to force compliance. Fundamentally, this is not a commercial transaction, but an overt act of hegemony against foreign companies.
Original article: https://www.toutiao.com/article/1836316225208332/
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