Insider Trading Accusations

Trump’s Tariff Reversal Accused of Market Manipulation: Who’s Really in Charge?

President Trump’s fluctuating tariff policies caused significant market volatility, prompting accusations of a “pump and dump” scheme. His initial imposition of sweeping import taxes, followed by a sudden reversal and tariff reduction, led to sharp market swings and accusations of insider trading by Democratic Senator Adam Schiff. Representative Steven Horsford questioned the administration’s trade representative, Jamieson Greer, about the lack of transparency surrounding these policy changes. The incident highlighted concerns about potential market manipulation and raised questions about who benefited from the president’s actions.

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