Trump unveils plans for U.S. 'sovereign wealth fund' like Saudi Arabia and reveals how he would pay for it

New Photo - Trump unveils plans for U.S. 'sovereign wealth fund' like Saudi Arabia and reveals how he would pay for it
Trump unveils plans for U.S. 'sovereign wealth fund' like Saudi Arabia and reveals how he would pay for it
Donald Trump unveiled a radical new plan to use cash from tariffs to fuel a sovereign wealth fund to invest in roads, airports and defense technology on Thursday. It is the sort of 'build the wall' idea beloved by the former president as he searches for a populist proposal that can excite voters. Wealth funds are generally set up by governments awash with spare cash generated by oil or gas finds.
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