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President Trump orders a US sovereign wealth fund that could acquire TikTok shares.
President Trump signed an executive order to establish a US sovereign wealth fund, which could potentially be used to acquire a stake in TikTok.
The fund aims to generate profits from government assets and investments, similar to funds in other countries managing over $8 trillion.
TikTok, owned by China's ByteDance, faces a deadline to find a US buyer or face a ban.
The Treasury and Commerce Departments are tasked with developing the fund within a year, with plans submitted to Trump within 90 days.
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El presidente Trump ordena la creación de un fondo soberano de EE.UU. que podría adquirir acciones de TikTok.