Trump wants the Treasury to get a substantial cut of any TikTok acquisition. China's state media says that would be 'open robbery.'

China's state media has reacted furiously to Trump's comments that the US Treasury should get a cut of any sale of TikTok to an American company. President Trump on Monday announced not only that TikTok has a deadline to sell off its US business, but he also expects the government to receive a slice of any deal.
Read more: https://www.businessinsider.com/trump-tiktok-deal-treasury-cut-china-reaction-2020-8?source=Snapzu