President Donald Trump advanced plans for American investors to buy TikTok’s US operations from its Chinese owner ByteDance, with officials setting a potential value of $14 billion and outlining measures to ensure security of the new venture.
In an executive order signed Thursday at the White House, Trump declared that the deal complies with a 2024 law requiring ByteDance to divest control or face a prohibition in the US of the popular video-sharing platform. Trump also reiterated that he had won approval from his Chinese counterpart, Xi Jinping, for the deal. In geopolitics, European diplomats warned the Kremlin this week that NATO is ready to respond to further violations of its airspace with full force, according to officials familiar with the exchange.
Today’s guests: Nataliia Lipikhina, JPMorgan Private Bank EMEA Equity Strategy Head, Sergei Guriev, London Business School Dean, Andreas Dombret, Former ECB Supervisory Board Member
Chapters:
00:00:00 – The Pulse
00:01:03 – Trump Tariffs Back With 100% on Branded Pharma
00:03:17 – Trump Announces More Tariffs
00:08:01 – Nataliia Lipikhina, JPMorgan Private Bank EMEA Equity Strategy Head
00:12:41 – Denmark Warns Russian Sabotage Likely
00:15:38 – Sergei Guriev, London Business School Dean
00:17:40 – Russia Plans Tax Increase to Ease War-Related Strains
00:20:42 – Trump, Orban Talk on Russia’s War on Ukraine
00:24:42 – TikTok’s $14 Billion Price Tag in Trump Deal Stuns Investors
00:26:52 – Trump to Consider Turkey’s Desire to Buy F-35 Jets
00:30:45 – ECB Pushing to Simplify Bank Rules
00:31:56 – Andreas Dombret, Former ECB Supervisory Board Member
00:43:06 – UK to Introduce Mandatory Digital ID Cards
00:46:27 – Trump Plans New Tariff Push With 100% Rate on Patented Drugs
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