Unusual for firm acquiring TikTok to give funds to US Treasury: White House

President Donald Trump wants to deny China some of the proceeds from the sale of ByteDance’s US operations of its video-sharing app TikTok, White House economic adviser Larry Kudlow said on Wednesday, but it would be unusual for any company that acquires TikTok to provide funds to the US Treasury.

“Well he’s said that,” Kudlow told CNBC when asked about Trump’s demand that part of the proceeds from the TikTok sale he has ordered go to the US Treasury.

“I acknowledge that it’s unusual. The president has his own mind on some of these things,” Kudlow said.