{"id":476163,"date":"2026-03-15T01:39:09","date_gmt":"2026-03-15T01:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/476163\/"},"modified":"2026-03-15T01:39:09","modified_gmt":"2026-03-15T01:39:09","slug":"trump-administration-is-collecting-10-billion-on-the-tiktok-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/476163\/","title":{"rendered":"Trump administration is collecting $10 billion on the TikTok deal"},"content":{"rendered":"<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">In September, Donald Trump claimed that \u201cthe United States is getting a <a href=\"https:\/\/www.theverge.com\/news\/782218\/trump-claims-the-us-is-about-to-get-a-tremendous-fee-for-taking-tiktok-out-of-china\" rel=\"nofollow noopener\" target=\"_blank\">tremendous fee<\/a>\u201d for brokering the TikTok deal. Now sources tell the <a href=\"https:\/\/www.wsj.com\/tech\/tiktok-deal-fee-trump-administration-5aa31c9f?mod=hp_lead_pos1\" rel=\"nofollow noopener\" target=\"_blank\">Wall Street Journal<\/a> and the <a href=\"https:\/\/www.nytimes.com\/2026\/03\/13\/business\/trump-tiktok-10-billion-fee.html\" rel=\"nofollow noopener\" target=\"_blank\">New York Times<\/a> that fee is expected to be in the range of $10 billion. The money is supposedly being paid by new investors, including Oracle and Silver Lake. Reports are that $2.5 billion was already paid to the Treasury when the deal closed on January 22nd. The rest will be paid out in installments.<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">This is the latest example of the Trump administration inserting itself into private business in unprecedented ways, including taking on a <a href=\"https:\/\/www.theverge.com\/news\/764480\/intel-donald-trump-lip-bu-tan-deal\" rel=\"nofollow noopener\" target=\"_blank\">10-percent stake in Intel<\/a> last August, a \u201c<a href=\"https:\/\/www.npr.org\/2025\/06\/18\/nx-s1-5435364\/a-look-at-the-golden-share-agreement-in-the-u-s-steel-nippon-steel-partnership\" rel=\"nofollow noopener\" target=\"_blank\">golden share<\/a>\u201d in US Steel, and a 20-percent cut in chip sales from Nvidia to China. In this instance, the deal also involves one of Trump\u2019s biggest supporters and fundraisers, <a href=\"https:\/\/www.theverge.com\/tech\/787051\/larry-ellison-tiktok-quest-to-run-the-world\" rel=\"nofollow noopener\" target=\"_blank\">Larry Ellison,<\/a> co-founder and CTO of Oracle.<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">If the reporting is accurate, the fee would represent over 70 percent of the deal\u2019s value, which saw a group of investors take a majority stake in TikTok for $14 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"In September, Donald Trump claimed that \u201cthe United States is getting a tremendous fee\u201d for brokering the TikTok&hellip;\n","protected":false},"author":2,"featured_media":476164,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,3062,59,50,305,229,227,617,56,54,55],"class_list":["post-476163","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-creators","tag-gb","tag-news","tag-policy","tag-politics","tag-tech","tag-tiktok","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/476163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=476163"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/476163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/476164"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=476163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=476163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=476163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}