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Trump, owner and lord of Tiktok?: The president creates a sovereign fund to buy the social network


If you do not want to be dedicated to a new blackout beyond the seas, the social network Tiktok must detach itself from your business in the United States. And although in recent days a few candidates have emerged to the surface to put the glove to the subsidiary of Bytedance (Elon Musk, Microsoft or Perplexity AI, among others), it could finally be the US government that is finally done with control of Tiktok. Donald Trump, president of the United States, yesterday signed a decree to launch the creation of the American sovereign fund and the president slid the idea that this fund could be used to acquire the social network.

«We are going to do something, maybe with Tiktok, or maybe not«Trump said. «If we reach an adequate agreement, we will do it. Otherwise, we will not. We could use the sovereign background for this purpose, ”added the current tenant of the White House.

Sovereign funds, currently present in more than 90 countries, are state vehicles aimed at investment that manage national and international financial assets and usually anchor in budget surpluses. However, The United States is currently in deficit and is an unknown where the money overturned in that sovereign fund will come from exactlyalthough during the electoral campaign the Republican suggested that this fund could be nourished by the income emanating from tariffs and other financial instruments.

Experts argue that a sovereign fund is actually orphan of viability in an economy like the American, Where there is no surplus capital. Thus, Trump has made the determination to take the first step to shape that sovereign fund, whose creation and administration are in any case at the mercy of the authorization of the Congress.

Trump suggests that the United States could buy Tiktok with his new sovereign fund

With that sovereign fund, which is nothing but an exhibition of power by Trump, andThe US president wants to make it clear that he is really in a position to buy Tiktok. “I have the right to do it,” he said yesterday.

Tiktok stopped operating in the United States during the night of January 18 to comply (which was previously backed by the Supreme Court). However, after just 12 hours of inactivity, the social network resumed its operations on American soil during the afternoon of January 19 after Donald Trump guaranteed the social network that it would approve an executive order the next day to take the application of the application of the application of the Federal Law that condemns Tiktok to extinction in the United States (unless it is sold).

Trump struck the given word and on January 20, when he had just been invested president of the United States, he effectively signed An executive order that granted Tiktok a 75 -day grace period in the North American country.

Shortly after Trump confessed to the press that he was open to the possibility that Elon Musk and also Larry Ellison, co -founder of Oracle, bought Tiktok. And last week The American president suggested that Microsoft was in conversations to acquire the Tiktok business in the United States.



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