Trump has demanded a plan to create a sovereign wealth fund to invest in global assets – ‘perhaps with TikTok’, he said.

Chinese company Huawei briefly surpassed Apple to become the second-largest smartphone maker in the world behind Samsung, but its only investors are employees.

FT: In November, European Central Bank president Christine Lagarde suggested an alternative approach: do not retaliate immediately but try to find a constructive solution fast. If this initial stage ...