President Trump is making nice with China this week. The President says he will have a call with Chinese President Xi Jinping on Friday and that tariff negotiations with China have “gone VERY WELL!” There are also reports that a resolution to the TikTok ban is in the works. That’s fine until you hear what that resolution would be. According to reports, the U.S. government will force TikTok owners ByteDance to divest its U.S. operations to a group of private investors. The Financial Times reported earlier this year that the White House wanted these firms to take partial ownership in the American TikTok: Andreessen Horowitz, Blackstone, Silver Lake. Why would ByteDance go along with this? Perhaps because it would maintain majority ownership and still stand to profit. According to reports, the U.S. government still has “security issues” that need to be resolved before the deal is final. Right. “Security issues.” The TikTok ban was instated during the Biden administration and passed into law by Congress. President Trump vetoed the ban, but his “rescue” of the app only hands the government more power. This is the U.S. government choosing who would own this vastly popular social network and making demands for “security issues.” If you can’t see the problem with this, you must be new here. The post Trump’s TikTok “Rescue” Hands More Power to Washington appeared first on Redacted.