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Trump administration set to receive $10 billion fee for brokering TikTok deal, WSJ reports

  • Reuters--BusinessLine
  • published date: 2026-03-13 23:57:51 UTC

Trump administration set to earn $10 billion from TikTok US deal as ByteDance forms majority American-owned joint venture securing data and apps amid national security concerns.

President Donald Trump's administration is set to receive a roughly $10 billion fee from investors in the recently completed deal to take control of TikTok's U.S. business, the Wall Street Journal… [+1764 chars]