U.S. President Donald Trump confirmed regarding the decision to create an American Sovereign Wealth Fund that it will not happen.
Trump stated: "We are not looking to lower prices on assets. Instead, we will widely invest in the economy and create new jobs."
This decision about the fund's creation, as noted, is related to the resurgence of the trade war between the U.S. and China, which negatively impacts the global economy.
"Our priority is to stimulate growth and maintain jobs in our country," Trump emphasized.
Thus, the decision to create an American Sovereign Wealth Fund is part of the strategy for active U.S. participation in the global economy and protecting national interests in the face of global challenges.
