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President Donald Trump said Monday that TikTok could be acquired by a newly proposed US sovereign wealth fund. The statement was light on details, but Trump said that TikTok could be “put in ...
What is a sovereign wealth fund? A sovereign wealth fund is a government-owned fund that includes investments in foreign assets. In the case of TikTok, the newly ordered fund could be used to ...
A sovereign wealth fund (SWF) could help save TikTok by providing the financial resources needed for a potential acquisition or investment, according to a Washington Post report.
Trump has issued an executive order for the creation of the nation's first sovereign wealth fund, which could be used to purchase TikTok. News Sports Hookem.com Austin360 Opinion Advertise ...
President Donald Trump said Monday that TikTok could be acquired by a newly proposed US sovereign wealth fund. The statement ...
Trump’s idea of using the new wealth fund to buy TikTok built off his earlier mention of a joint venture that gives the U.S. a 50 percent stake in the app. | Evan Vucci/AP ...
What is Trump's planned sovereign wealth fund and how could it buy TikTok? Nearly 200 countries and 20 U.S. states have established government-run investment funds to manage their wealth.
TikTok is on the clock to find a non-Chinese owner or be banned in the United States. President Donald Trump has suggested creating a US sovereign wealth fund that could acquire the app.
President Donald Trump signed an executive order Monday to create a sovereign wealth fund, the first ever for the country. At the presser, he hinted that the money may be used to buy TikTok with ...
In the case of TikTok, the U.S. Sovereign Wealth Fund could be used to purchase the American assets of TikTok from the platform's Chinese parent company, ByteDance.