President Trump said he will not approve a TikTok deal if China has any ownership of the new company. Meanwhile, Oracle says the new company "TikTok Global" will be only American owned, though currently ByteDance has said it will own about 80 percent. Dan Primack, business editor at Axios, and Joanne Lipman, journalist and distinguished journalism fellow at the Institute for Advanced Study in Princeton, join "Squawk Box" to discuss.