Trump Says He Isn’t Prepared To Sign Oracle-TikTok Deal Because He Hasn’t Reviewed It — ‘Won’t Be Happy’ If Reporting On The Terms Proves True


President Donald Trump told reporters during Wednesday’s coronavirus press briefing that he is not prepared to sign off on the proposed Oracle-TikTok partnership as he has not yet reviewed the terms.

The president further indicated that if public reporting regarding the deal is true — specifically the provision where TikTok’s parent company would retain a majority stake in the partnership — he could block the deal.

“No I’m not prepared to sign off on anything,” Trump said in response to a question from Bloomberg’s Mario Parker. “I have to see the deal. We need security after what we have seen, with respect to China and what is going on, we want security. I will let you know. They will report to me tomorrow morning.”

“We don’t like that,” the president added ... (Read more)

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