New York CNN —
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” the possible sovereign wealth fund, to preserve access to the popular short-form video app in the United States.
“Other countries have sovereign wealth funds,” Trump said, as he signed an executive order directing American officials to set up such a fund in the United States, modeled after state-owned investment funds in countries such as Norway and Saudi Arabia,
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