Trump wants the arrangement to pour $5 billion into ‘real history’ education. It’s not that simple

President Donald Trump is adamant that a tentative deal involving short-form video app TikTok will include a $5 billion fund to “educate people” about the “real history of our country.”



Donald Trump wearing a suit and tie: U.S. President Donald Trump listens to a question before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Saturday, Sept. 19, 2020.


© Chris Kleponis/Polaris/Bloomberg/Getty Images
U.S. President Donald Trump listens to a question before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Saturday, Sept. 19, 2020.

That appears to have taken TikTok’s Chinese parent company ByteDance by surprise, and created even more confusion about how the finer points of an already complicated deal will work in practice.

Trump mentioned the fund at a rally in North Carolina on Saturday, as he signaled his approval of a deal between ByteDance, Oracle and Walmart.

The deal — which would temporarily avert a ban on TikTok in US app stores — would see Walmart and Oracle take a stake of up to 20% in a

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