On the recordJuly 24, 2025
We’ve made the decision. You can’t have Chinese control and have something on 100 million American phones.
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Howard Lutnick
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cnbc.comWe’ve made the decision. You can’t have Chinese control and have something on 100 million American phones.
Lutnick discusses the decision regarding TikTok's control amid U.S.-China tensions.
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If you're willing to open yourself up and really open your economy to American business... then, of course, we will make a better deal with you.
If that deal gets approved, by the Chinese, then that deal will happen. If they don’t approve it, then TikTok is going to go dark, and those decisions are coming very soon.
We should get an equity stake for our money, so we’ll deliver the money which was already committed under the Biden administration.