Categories: Business

Why does Trump not want Amazon to be involved in the American Tiktok agreement

The White House really wants to obtain an agreement to sell the Chinese application to a short video Tiktok to an American company and delete all the possibilities of the continent by using it as a means of spying on the Americans.

Except, apparently, a large technological company that the Trump team is not so loved: the giant of online retail Amazon, on money learned

I know what you are saying, the founder of Donald and Amazon, Jeff Bezos (the guy, he is used to calling “Jeff Bozo” because he owns the Trump Hating Washington Post) corrected things? Bezos was at the inauguration with her glamorous fiancée, Lauren Sanchez, and came with a gift of $ 1 million. WAPO becomes more Trumpy after Bezos management changes.

Best buds, right?


Amazon by Jeff Bezos proposed to pay what it takes to buy not only Tiktok American operations, but the whole Chinese company, an agreement that some say could cost the online retailer up to $ 200 billion. Jack Forbes / NY Post Design

Maybe not. While the Trump team put the final touch both on its price plan, and its plan to save Tiktok from a law which prohibits it in the United States unless a domestic buyer appears before the deadline on Saturday, Amazon tried to make them a solid. He proposed to pay what it takes to buy not only the American application operations (this is what this Kerfuffle is), but the whole company of the Chinese, an agreement that some say could cost the online retailer up to $ 200 billion.

Amazon has money, be careful. At the end of the year, he sits over 100 billion dollars in cash and can easily finance the rest. But at least for the moment, he does not have the support of deceptions, which should obtain American regulatory approval.

“Half Baked” is the way someone inside transaction machinations described Amazon’s offer. “Why did they wait until the last minute?”

The way the Dealmakers described the situation on money, obtaining a sale of the American part of Tiktok was not easy. The White House spent months trying to spin the needle. The main trap is that you must comply with an American law which prohibits the application here if the Chinese do not abandon control.


“Half Baked” is the way someone inside transaction machinations described Amazon’s offer. AFP via Getty Images

The Chinese government calls for gunshots, as is the case when you are dealing with China Inc., you must convince devices there to give up control – but not in total property rights – to a majority of American investors belonging. President XI & Co. refused to sell the key component of Tiktok, his algorithm that keeps people stuck to the application by providing an endless flow of videos based on user preferences.

The Algo will be rented by the new Chinese company under the plan of the White House. And even with all these bells and the whistles, it is still not a given China will play the ball.

Yes, all very complicated, and a structure that will not easily be unrolled by Amazon throwing money on the Chinese to buy all of his global operations, which Tiktok’s parent, Bytedance, said in the past that he did not want to sell. In fact, as part of the White House agreement, Bytedance will retain a minority participation in Tiktok US as a new improvement.

Meanwhile, you might ask yourself why we are first here since Trump wanted to ban the application a few years ago? For all the concerns about Tiktok being a secret Chinese espionage operation (which she has long refused) and bipartite support to prohibit her American application without selling a domestic company, Trump thinks that the Tiktok user base has helped him win the election, so now he wants to save him.

remon Buul

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