
Donald Trump on Monday said that a newly created US sovereign wealth fund could play a part in his attempt to rescue TikTok from a US ban.
The president had previously floated the idea of the US taking a 50% stake in the social media platform as part of any deal negotiated with TikTok’s Chinese parent ByteDance, which has to divest itself of TikTok for it to escape a US ban.
Trump says new US sovereign wealth fund could play role in TikTok rescue comes via ChinaTechNews.com.