US president posted it was ‘a great time to buy’ on social media just hours before pausing tariff impositions

Summary

Donald Trump is facing insider trading accusations after urging followers to buy stocks hours before pausing global tariffs—sending markets soaring.

His Truth Social post, signed “DJT” (also the ticker for his media company), preceded a surprise 90-day tariff pause on all countries except China.

The S&P 500 jumped 9%, Nasdaq 12%, and Trump Media stock surged 22%.

Lawmakers including Sen. Adam Schiff and Rep. Alexandria Ocasio-Cortez are demanding investigations and disclosures, calling the timing suspicious. Critics say the sudden policy reversal created a profit window for insiders with prior knowledge.

  • supersquirrel@sopuli.xyz
    271·
    9 days ago

    Schumer said the best way to fight was to invest in the stock market patriotically! What an inspiring hero!

    • WhatAmLemmy@lemmy.worldEnglish
      111·
      8 days ago

      He’s in on it too, I guarantee it. I wouldn’t be surprised if a majority of Dems are. It explains everything.

      4 years of pumping and dumping 10% gainz every 2-3 weeks would easily turn 1K into 100+K. Most of them are starting with millions.

      Fun fact! You do it with 1M 25x, you now have 10.8M. You do it 50x and you exceed 100M. You manage to do it 100x total, you’ve turned 1 million into 1.378 billion. If this shit continues it’ll be the greatest heist in history.

      1*1.1^25 = 10.8

      1*1.1^50 = 117

      1*1.1^100 = 1378

      • Serinus@lemmy.world
        37·
        8 days ago

        Yes, everything bad that happens is really caused by the Dems.

        Our best option is clearly to not vote. You’ve convinced me.