Watch: Donald Trump accused friends of manipulation in the market after ‘$ 2.5 billion and $ 900 million’.
On Wednesday morning, the US markets came up until the ups and downs were posted by Donald Trump on Truth Social, advising that it was an optimal time to buy stock. About four hours later, he announced a 90-day tariff suspension, resulting in significant market benefits.
White House colleague Margo Martin criticized after sharing a video, where the President mentioned enough financial benefits made by the authorities, especially the figures of $ 2.5 billion and $ 900 million.
A social media user, who claims to be a multi-property merchant on the X, criticized that the market appeared to be manipulated, after policy changes highlight a pattern of the President’s tweet that financially benefited specific individuals.
Zubare Khan wrote, “Imagine a tweet to a president,” This is the right time to buy, then stop the tariff, and later happily saying how his friends earned $ 2.5 billion and $ 900 million. The real pump and dump, “Wrote by Zubare Khan.
The S&P 500 increased by 9.5%, which recovered $ 4 trillion in the market price. Richard Painter, a lawyer for former White House morality, expressed concern to AP about the possible violations of securities laws about insider trading.
Questions were raised about the time of Trump’s decision on tariff stagnation. His response to time was impregnable, stating that it was done after considering for several days that morning. White House spokesman Kush Desai defended the post as the responsibility of the President to provide economic assurance.
The post’s signature “DJT” coincidentally matched the stock tick of Trump Media and Technology Group. Despite a loss of £ 400 million last year, the company’s shares increased by 22.67%. Trump’s 53% stake in the price, Managed by Donald Trump Junior, received £ 415 million.
Tesla’s shares also experienced significant growth, after the recent support of Trump and his Commerce Secretary, added £ 20 billion to the price of Elon Musk.
