Trump’s anti-China ‘posturing’ puts TikTok-Oracle deal in limbo, analysts say


By Tracy QuCoco Feng

HONG KONG, Sept 18 (SCMP): Political posturing by the Trump administration, according to analysts, adds uncertainty on whether a deal between TikTok and Oracle Corp, which would prevent the short video-sharing service from being banned in the US, will be approved by Washington before a September 20 deadline.

The deal may be in limbo after US President Donald Trump said at a press conference on Wednesday that he did not like Oracle’s bid for an alliance with ByteDance-owned TikTok. His comments came after the multi-agency panel reviewing the deal found that its structure did not resolve national security concerns over TikTok’s US operations, although Trump said he was unaware of the ruling.

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China , US< Trump , Tik Tok , Oracle , Many Hurdles

   

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