<2>Trump Administration Cashes In On TikTok Deal With $10 Billion Fee
<3>Report Suggests Trump Administration Was Motivated By Financial Gain
There may have been some extra incentive for the Trump administration to get the < class="no-affiliate-link" href="https://www.engadget.com/big-tech/tiktok-finalizes-deal-for-its-us-entity-010543484.html" target="_blank">TikTok US deal done. According to a report from < class="no-affiliate-link" href="https://www.wsj.com/tech/tiktok-deal-fee-trump-administration-5aa31c9f" target="_blank">The Wall Street Journal, the Trump administration is set to receive a total of $10 billion in the deal that allowed TikTok to remain in the US. The new investors who acquired stakes in the US entity of TikTok already paid a $2.5 billion fee to the administration when the deal closed in January, but < class="no-affiliate-link" href="https://www.wsj.com/tech/tiktok-deal-fee-trump-administration-5aa31c9f" target="_blank">WSJ’s latest report