Moneycontrol
HomeNewsBusinessWhite House adviser Navarro suggests Microsoft divest China holdings

White House adviser Navarro suggests Microsoft divest China holdings

President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft, three people familiar with the matter said on Sunday.

August 03, 2020 / 20:11 IST
Story continues below Advertisement

White House trade adviser Peter Navarro suggested on Monday that Microsoft Corp could divest its holdings in China if it were to buy the Chinese owned short-video app TikTok.

"So the question is, is Microsoft going to be compromised?" Navarro said in an interview with CNN. "Maybe Microsoft could divest its Chinese holdings?"

Story continues below Advertisement

President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft, three people familiar with the matter said on Sunday.

US officials have said TikTok, under its Chinese parent, poses a national risk because of the personal data it handles. Trump said on Friday he was planning to ban TikTok in the United States after dismissing the idea of a sale to Microsoft.