President Donald Trump has signed off on a business proposal between TikTok, Walmart and Oracle that would allow the social networking app to continue to operate in the U.S.
One of Trump’s stipulations for approving the deal was a $5 billion commitment from the companies to create an education initiative that teaches children America’s “real history,” the President said.
Trump first mentioned the education fund on Saturday as he left the White House for a campaign rally in North Carolina. “We’re going to be setting up a very large fund for the education of American youth,” Trump told reporters as