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The US government has been involved in the TikTok deal in a role that analysts describe as that of a “middleman” who earns a commission. It is one of the controversial changes in the way President Donald Trump’s administration operates.
According to reports, the US administration is expected to receive about $10 billion from investors who participated in the deal reached earlier this year, which gave American companies control over the operations of the Chinese platform TikTok in the US market. This amount is considered a reward for the US government's role in keeping the application active in the American market.
The payment is part of the agreement between investors and the company ByteDance, owner of TikTok.
Among the companies and investors that will contribute to this payment are technology giant Oracle, investment fund Silver Lake and Abu Dhabi investor MGX. At the time of the deal closing in January, an initial tranche of about $2.5 billion had been paid.
President Trump has made no secret of this aspect of the deal. He has stated that the United States is receiving a significant commission for its role in bringing about the deal and that he does not want to miss this opportunity.
However, according to the Wall Street Journal, such a payment to the US government is almost unprecedented in agreements of this type.
Earlier, Vice President JD Vance had stated that TikTok's value in the US market was around $14 billion. Wall Street analysts considered this estimate too low.
The fact that the estimated commission for the US administration alone amounts to around $10 billion suggests that the platform could have a much higher market value.
The US administration has defended this payment by arguing that President Trump played a crucial role in saving TikTok from a ban in the US and in managing high-level negotiations with China.
The deal was made necessary after the US Congress, with bipartisan support, demanded that TikTok transfer control of its US operations to an American company. The platform had come under scrutiny over concerns that the data of millions of American users could end up in the hands of the Chinese government.
If ByteDance did not accept this condition, TikTok risked being blocked in the United States.
The decision caused strong reactions from American users, especially young people, who asked for the president's intervention to avoid the closure of the platform. Trump himself has a very popular account on TikTok and in the negotiation process he also included some investors close to him and donors to his presidential campaign. / Taken from La Repubblica Analysis
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