Trump Scores $10B Fee in TikTok US Deal
March 18, 2026·about 2 hours ago·via The Hill
The Trump administration secures roughly $10 billion from investors buying TikTok's US operations, starting with a $2.5 billion initial payment to the Treasury as a brokerage fee for brokering the deal. Trump previewed this windfall last September, announcing a framework agreement with China and signing an executive order for the qualified divestiture to American hands, fulfilling a bipartisan law signed by Biden that mandates selling off TikTok from its Chinese parent or facing a ban. Read more about this...