Other countries have sovereign wealth funds and they’re much smaller countries and they’re not the United States,” Trump said.

President Trump and the leaders of Canada and Mexico has agreed to a one-month pause on 25% of tariffs on goods entering the ...

Trump also signed five designations for special envoys -- including Steve Witkoff, Ric Grenell and Mark Burnett. He also ...

Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while ...

President Donald Trump has nominated Pierre Gentin, chief legal officer of consulting firm McKinsey & Co, to serve as general ...

The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

More than 20 states in the U.S. already have their versions of a sovereign wealth fund, Alaska's being the largest.

A Treasury Department official has written a letter to federal lawmakers saying that a tech executive working with Elon ...

President Donald Trump on Monday signed an executive order directing the U.S. to take steps to start developing a ...

HONG KONG (AP) — Americans are likely to pay more for products from popular Chinese e-commerce platforms like Shein and Temu ...

China’s Ministry of Finance announced the same day that it would levy a 15 percent tax on certain types of coal and liquefied natural gas, as well as a 10 percent tariff on agricultural machinery, ...

An executive order the president signed Monday directs the secretaries of commerce and the treasury to deliver the plan ...