TikTok Gets $14 Billion Proposed Price Tag in Trump Deal

The Trump administration has proposed a deal for American investors to acquire TikTok's US operations from the Chinese company ByteDance Ltd. According to Vice President JD Vance, the proposed price tag for the US business is around $14 billion, which is significantly lower than previous estimates that reached close to $40 billion. The deal is part of President Trump's efforts to force the sale of TikTok's US operations, citing national security concerns over the popular video-sharing app's Chinese ownership. The proposed $14 billion price tag is seen as a substantial reduction from earlier projections, indicating the ongoing negotiations and uncertainty surrounding the potential transaction. The article highlights the evolving landscape of the TikTok deal, with the Trump administration's efforts to ensure American control over the app's US operations and the shifting valuation estimates as the negotiations continue.