The White House said in a statement late on Monday that US President Donald Trump signed an executive order to start developing an American -government investment fund for every Reuters.
Additional fast food
The box can be used to profit from Tiktok if an American buyer is found.
TIKTOK until early April to secure a certified partner or buyer.
Trump wants the United States to take a 50 % stake in Tiktok.
Tiktok was cited as an example of a possible origin of the new sovereign wealth fund.
Treasury Secretary Scott Beesen and the candidate of Trade Minister Howard Lootnick will lead the efforts to create the fund, which may need Congress approval.
Market reaction
As of writing, the US dollar index (DXY) is recovered at about 108.70, an increase of 0.28 % a day.
