China can have a little piece or ByteDance, the current owner, can keep a little piece. But basically, Americans will have control. Americans will own the technology, and Americans will control the algorithm.
Lutnick discusses the control of TikTok's technology and algorithm in a potential sale deal.
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Nothing is getting negotiated away. We have 10% of the world. No, no. 10% is definitely going to stay.
No extensions, no more grace periods. Aug. 1, the tariffs are set; they’ll go into place.
So we’ll deliver the money which was already committed under the Biden administration. We’ll get equity in return for it, get a good return for the American taxpayer instead of just giving grants away.