“Trump has signed a decree on the creation of a sovereign fund: it can be used to buy a Tiktoktok president of the USA signed a decree on the creation of a state investment fund within 12 months. The Fund can be used to purchase TikTok and other national projects.”, – WRITE ON: Unn.ua
We are going to create this fund for the next 12 months. We intend to monetize American balance for the American people
Trump has already proposed to create such a State Investment Fund, as a presidential candidate, stating that he could finance “big national endeavors”, in particular, infrastructure projects, such as the construction of highways and airports, production and medical research.
Details about how the fund will work and finance it is still unknown, but Trump said it could be financed at the expense of “tariffs and other intelligent things.”
According to the International Forum of Sovereign Welfare Funds, there are more than 90 similar funds in the world that manage assets worth over $ 8 trillion.
Addition
The TikTok, which has about 170 million US users, was disconnected from the network shortly before January 19, a law that requires its Chinese owner by BYTEDANCE or sell it for national security reasons.
Having joined the post of January 20, Trump signed a decree that postpones this Law for 75 days.
Trump stated that talking about the purchase of Tiktok with several possible buyers and probably in February would make a decision on the future of the popular program.
Trump stated that Microsoft can buy TikTok – Bloomberg01/28/25, 12:03 • 27361 View