President Trump, alongside Rupert Murdoch and Larry Ellison, signed an executive order to establish a sovereign wealth fund within 12 months. Trump clarified their presence was unrelated to the order,

With the media mogul just feet away, the president was asked about a blistering attack on his tariff policy by the Murdoch-owned Wall Street Journal.

Donald Trump signed an executive order to begin the process of creating a sovereign wealth fund, a move he said may be used to help buy TikTok.

The Wall Street Journal’s editorial board needled Donald Trump for relenting on his tariffs just hours after the president called out the paper’s billionaire owner, Rupert Murdoch, while he was in the Oval Office.