Trump said the new sovereign wealth fund he signed an executive order to create could be used to buy TikTok
President Donald Trump signed an executive order on Monday to create a U.S. sovereign wealth fund and suggested that it could be used to purchase TikTok. Trump has said previously it could be funded by "tariffs and other intelligent things," per Reuters. Trump signed an executive order last month to delay the TikTok ban deadline by 75 days.