FOX BUSINESS
TikTok
Published 4 hours ago
Whoever buys Tiktok will not be able to transfer data from American soil to Chinese servers: Navarro
By Lucas Manfredi FOXBusiness
TikTok's data pickup from Americans is a 'massive tsunami': Peter Navarro
White House trade adviser Peter Navarro says Trump's TikTok executive order was focused on China's data grab and talks about the administration's distrust of China after signing a trade deal with America but not warning the U.S. about coronavirus.
As the deadline looms for Chinese technology company ByteDance to sell off its popular video platform TikTok to an American company, sources familiar with negotiations have told Fox Business' Liz Claman that the battle between Microsoft and Oracle is a “tighter horse race that, for now, Microsoft has by a nose."
Director of trade and manufacturing policy Peter Navarro, however, did not confirm or deny any new information related to the negotiations, only telling the "Claman Countdown" on Wednesday that the Trump administration is doing everything in its power to prevent whoever buys TikTok from handing over Americans' data to the Chinese government.
"The one thing we want to be sure of, and we will be sure of in this administration, is that whoever buys it will not be able to transfer data from American soil to Chinese servers," Navarro said. "That’s the full stop."
MICROSOFT CEO SEES TIKTOK AS 'PRIZE' AS RACE TIGHTENS WITH ORACLE
While Microsoft continues to appear to be the top bidder, the company has recently come under scrutiny for its close relationship with China, which Navarro noted as a major difference from competitor Oracle with respect to national security.
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READ MORE: https://www.foxbusiness.com/technology/whoever-buys-tiktok-will-not-be-able-to-transfer-data-from-american-soil-to-chinese-servers-navarro
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