Trump Proposes Sovereign Wealth Fund For U.S.—What To Know About The State-Owned Budget

Topline Former President Donald Trump proposed the creation of a sovereign wealth fund for the U.S. on Thursday, suggesting the government-owned investment fund used by countries such as Norway, China and South Korea would be created and partially funded by tariffs if he wins the presidential election. Republican presidential nominee, former U.S. President Donald Trump addresses the Economic Club of ... [+] Key Facts Trump made the proposal during a speech at The Economic Club of New York, questioning why …