Trump orders creation of US sovereign wealth fund

Trump just signed an order to create a US sovereign wealth fund, claiming it could buy TikTok. He says it'll "monetize" US assets for the people, but details are vague. Typically, these funds rely on surplus cash—something the US doesn't have. Meanwhile, TikTok's future remains uncertain, with Trump delaying a ban by 75 days while weighing a sale. A trade war could be brewing, and investors are already reacting.