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Trump says U.S. won't approve TikTok deal if China maintains control

Credit: REUTERS/Florence Lo

U.S. President Donald Trump on Monday said his administration would not approve the sale of TikTok to Oracle Corp and Walmart Inc if China's ByteDance maintains any control.

WASHINGTON, Sept 21 (Reuters) - U.S. President Donald Trump on Monday said his administration would not approve the sale of TikTok to Oracle Corp ORCL.N and Walmart Inc WMT.N if China's ByteDance maintains any control.

"If we find that they don't have total control, then we're not going to approve the deal... We will be watching it very closely," Trump told Fox News in an interview.

(Reporting by Susan Heavey and Doina Chiacu Editing by Chizu Nomiyama)

((sheavey@thomsonreuters.com; +1 202 843 6600;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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