 "Donald trump, white house")
US President Donald Trump’s unprecedented demand that the US get a cut of the proceeds from the forced sale of Chinese internet giant ByteDance’s short-video app TikTok is based on an interpretation of US law that regulatory lawyers say may be open to challenges.
The Committee on Foreign Investment in the United States (CFIUS), a US government panel that reviews deals for potential national security risks, has given ByteDance until September 15 to negotiate a sale of TikTok to Microsoft. While CFIUS has never before sought a cut from the proceeds of a divestiture it has ordered, the White House
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