Donald Trump warns that I can buy a tiktok

The United States took the first step in an attempt to buy TiktokDonald Trump signed the field to the order to create a sovereign fund, which, among other things, will help to buy the use of short videos. The implementation of this fund will be completed for a period of no more than 12 months, although the details are unknown.

In accordance with ReutersTrump administration began the process of creating a sovereign fund United States. The directive signed by the President orders the creation of the Fund within one year from state resources controlled by state resources.

“We are going to create a lot of wealth against the background. And I think that the time has come for this country to have sovereign experience, ”Trump told reporters who gathered in the White House. On the other hand, the Minister of Finance, Scott Donant, added that they will use a combination of liquid financial assets and funds in the country.

According to the current legislation, Bayededance should join the Tiktok or withstand the prohibition From the problems of national security. Nevertheless, the executive order signed by Trump delayed the use of this mandate for 75 days, extending the term of the decision until mid -April.

The President of the United States mentioned that The sovereign fund can be used to purchase Tiktok, Although the final plans were not disclosed. “We are going to do something, maybe with a tick, or maybe not,” Trump said. “If we conclude the right deal, we will do it. Otherwise, we will not … We could place it on a sovereign background. ”

President He had conversations about the future of the platform And he suggested that the resolution could be achieved in February.

What are sovereign funds and why they will help the United States

There are sovereign funds State investment vehicles This manages national and international financial assets. Its capital, as a rule, comes from excess budget, export income of raw materials or commercial excess.

This dynamics gained great relevance in the world economy, Especially after the financial crisis of 2008. Their size and investment potential make them important participants in financial markets. However, their opacity and lack of regulation in some cases generate fears about your possible political and economic influenceField

Although Trump suggested that Tariffs and other financial instruments can serve as sources of financingThere is another alternative. Report from Bloomberg He confirms that the government transforms the US financial development corporation. This agency is aimed at cooperation with private organizations to finance global development projects.

Some experts mention that The sovereign fund is not viable in the economy, such as the United StatesColin Graham, the head of the multactive strategies department in Robeco, commented that these funds are usually created by countries with excessive capital, which makes the initiative of Trump with an economic anomaly. On the other hand, the creation and management of the fund require the permission of the congress.

Whatever the result Donald Trump made it clear that he had the opportunity to buy a tickton. “I have the right to do this,” said the magnate, mentioning that the potential of the sovereign fund for the purchase of a video platform.