المملكة: The Kingdom has a wonderful sovereign box and we will strive to catch up with it
Trump said: We will work to create the sovereign box of America, and in a short time we will have one of the largest sovereignty.
A tribute to the Saudi sovereign fund
He continued: For example, Saudi Arabia has a wonderful sovereign box and we will strive to catch up with it.
According to the Associated Press, Trump explained that this box can be used to buy part of the famous Chinese social media platform Tech Talk if he succeeds in finding an American buyer for it.
Trump said today, Monday, at the Oval Office, that Tek Tok is an example of what can be placed in a new sovereign wealth box.
The sovereign wealth fund in America
He added, “We can put this in the sovereign wealth box, whether we do that or in partnership with people with richness, because the options are many … but we can put it for example in the box.
Trump instructed the Treasury Secretary Scott Besent and Trade Howard Lootnick to lay the foundations of the fund’s construction, which may need Congress.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
