Pauses aren’t just gonna let market shoot back up but trump is being looked at for insider trading
President Donald Trumps latest tariffs set on countries has concerned many and caused the economy to crash. Trump has now decided to put these tariffs on pause for 90 days, which will help the economy shoot back up for the time being.
The stock market gained back around $4 trillion of the value that it lost while the tariffs had been set.
Trump Media is currently soaring twice as much as the broader market, which is raising curiosity from senators. Trump Media is not affected by these tariffs whether they are implemented or not.
After putting these tariffs on pause, the investigation towards Trump is starting to grow. Some are wondering if Trump had already known he was going to pause the tariffs before placing them.
Senators are also questioning if Trump was offering some people advice to buy stocks because of the tariffs. Even if he wasn’t for sure telling people to invest in stocks, it did not stop them from buying them.
If Trump did offer people financial advice to buy stocks, this would break the law. Security laws prohibit trading inside information or helping others to do so.
Trump wrote “This is a great time to buy!!! DJT” on his social media platform Truth Social. Less than four hours later, that was when Trump accounted his pause on the tariffs.
When Trump was asked about when he decided to pause the tariffs he gave a questioning answer. “I would say this morning, Over the last few days I’ve been thinking about it.” After this he then added that he decided to”fairly early this morning.”
This raises question about if he decided to place these tariffs even though he knew what they would cause and that he was going to pause them.
When a spokesperson was asked for clarification on the timing of these pauses, he did not answer the question and defended Trumps post.
When asked, the spokesman said “It is the responsibility of the President of the United States to reassure the markets and Americans about their economic security in the face of nonstop media fear-mongering.”
All of these questions as to why Trump decided to place and pause the tariffs have not yet been answered, and might never will. The economy could crumble if he decides to unpause the tariffs, which is raising high concern across the country.
