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TikTok deal in doubt after Trump, China Statements
A tentative deal between the U.S. government and Bytedance, which would have the Chinese company retaining 80% stake and Walmart and Oracle getting 20% ownership of a newly founded TikTok Global, has been up in the air with both President Trump and the Chinese government having doubts of the security of the deal. Yahoo Finance’s Final Round panel discuss the details of the tentative deal and what it could mean for all the companies involved as investors wait for what’s the come next.