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Trump’s Tariff Pause Sparks Mkt Manipulation Accusations from U.S. Democrats
Less than four hours before announcing a pause on reciprocal tariffs, U.S. President Donald Trump posted on Truth Social, claiming it was a prime time to buy stocks, as U.S. Democr...
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Trump’s Tariff Pause Sparks Mkt Manipulation Accusations from U.S. Democrats
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Less than four hours before announcing a pause on reciprocal tariffs, U.S. President Donald Trump posted on Truth Social, claiming it was a prime time to buy stocks, as U.S. Democrats accused Trump of market manipulation, the Washington Post reported.

U.S. stocks swelled yesterday (9th) afternoon given the tariff suspension, with the Trump Organization shares closing up 21% in line with the broader market. Trump’s assets are held in a trust managed by his son.

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Democrats on the House Committee on Financial Services asserted that the U.S. President is undeniably engaged in the world’s largest market manipulation scheme.

The White House countered allegations of improper market manipulation, stating that the President has a duty to reassure markets and the American public about economic security amid media fearmongering.

During his first term in 2018, Trump had also publicly encouraged reporters to buy stocks.

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