A 50% Joint Venture Deal to Protect National Security, In a bold statement, former U.S. President Donald Trump has expressed his commitment to ensuring TikTok’s continued operation in the U.S. while addressing national security concerns. Trump outlined plans to issue an executive order aimed at extending the period before legal prohibitions on TikTok take effect, allowing time for a deal to be struck that would protect national security. You can also read: “I Have Been Against a TikTok Ban” – Elon Musk.
The executive order will also ensure that companies assisting in keeping TikTok operational in the U.S. prior to the order will not be held liable. This comes as Americans eagerly anticipate the upcoming inauguration and look forward to discussing major events and conversations, including the TikTok controversy.
Trump emphasized the importance of a 50% U.S. ownership stake in TikTok through a joint venture. He stated that such a deal would allow TikTok to continue operating while ensuring U.S. control, effectively securing the app in what Trump described as “good hands.” Without U.S. approval, Trump insists, TikTok would no longer exist, as the platform’s value is largely dependent on U.S. approval.
The proposed joint venture between current owners and new owners, with a 50% stake in the U.S., would provide a strategic position for the country in the future of TikTok. Trump sees this as a way to save the app and maintain its massive value, estimated to be worth billions or even trillions of dollars. The initiative reflects Trump’s broader approach to national security and economic interests, aiming to balance innovation with the protection of U.S. interests.