Trump says U.S. won't approve TikTok deal if China maintains control

September 21, 2020 9:04 AM

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday said his administration would not approve the sale of TikTok to Oracle Corp (NYSE: ORCL) and Walmart Inc (NYSE: WMT) if China's ByteDance maintains any control.

"If we find that they don't have total control, then we're not going to approve the deal... We will be watching it very closely," Trump told Fox News in an interview.

(Reporting by Susan Heavey and Doina Chiacu; Editing by Chizu Nomiyama)

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