According to sources familiar with the matter, former Morgan Stanley executive Michael Grimes is expected to lead a sovereign wealth fund launched by US President Donald Trump, which is planned to be supported by foreign tariff revenues. According to sources, discussions are still ongoing and have not yet been finalized. Trump has previously stated that the fund may be funded by "tariffs and other revenues" and is considering establishing an "External Revenue Service" to specifically manage tariff revenues. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=38969