Davos, Switzerland-President Donald Trump is obsessed with TIKK’s saving and a solution he and his people are weighing, say the learned banker.
The deal will include major private stock players as well as US taxpayers’ money, according to Buzz at the World Economic Forum in the city of Swiss skiing.
Bankers definitely want, despite this is a heavy elevator, they tell me because fees for a $ 20 billion billion -billion agreement could be quite rich.
Trump’s attempt to exceed a law with an executive order is a little legally suspicious. From what I hear, it will take more than 75 days to make a letter deal, including understanding what the Chinese will sell if anything.
The Chinese Communist Party, which controls every Chinese company, will not give up the comprehensive Tiktok algorithm, which matches users with various other accounts and allegedly collects data.
This means that the buyer will need additional funds above and beyond the receipt price to build the platform. Some entrepreneurs have already made wild offers to accelerate a sale, including Kevin Oâ € Leary of â € œarkâ € fame and the hero of the Internet â €. Beast, â € aka Jimmy Donaldson.
But Trump will probably have to come in with Chinese President XI and do so to happen in a way that pleases everyone. Not easy, I was told, because let’s admit it, we are global opponents.
A Trump administration spokesman refused to comment.
Trump’s dance with tiktok is quite interesting. He ran to stop the app again in 2020 because he believed its owner, Chinese company Bytedance, employs an algo allegedly spying on US users for Beijing.
The detention did not happen but it happened under the biden. Then the app briefly darkened just before inauguration.
Reenter Trump, the latest dealer of the “teacher” fame and “the art of agreement”. Trump says he now likes the platform; He believes this helped him gain an advantage with new voters during the election.
He gave the app a repetition when issuing another executive order on Monday at night giving 75 days to find a solution that meets the Biden law (which passed with two -party support) in order to stay alive in the US
Many moving parts. That is why people in Wall Street (and those in Davos with me) are still betting that Tiktok can darken for good after a degree of sound and rage that eventually shows nothing.
In general, the mood here in Davos-Epicente of globalization-is quite interesting this year as the elite of the aircraft determined to the wonderful ski village.
There is not much fear and anger of Maga among CEOs, bankers, oligarchs, Middle Eastern Middle Money reporters – their many armed guards – as was the case in 2016 when Donald Trump ran and won for the first time.
Globalists expect trade indigestion with tariffs, but nothing existential. They also see a strong leader in Trump, a fierce contrast from the terrible and weak presidency of Biden. They like lower taxes and regulations.
They also like the notion of banking in Trump’s plan to try and set up at least part of Tiktok.
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