Top Dems Question If Trump Tipped Off Tariffs Reversal

Mother Jones reports:

Leading Democrats are raising questions about whether insiders profited from the market swing that followed Trump’s sudden reversal on sweeping tariffs he recently announced on imports from foreign countries. “Who in the administration knew about Trump’s latest tariff flip flop ahead of time?” Sen. Adam Schiff (D-Calif.) asked in a Bluesky post. “Did anyone buy or sell stocks, and profit at the public’s expense? I’m writing to the White House—the public has a right to know.”

Suspicion about the reversal stemmed in part from earlier posts by Trump. “BE COOL!” he wrote Wednesday morning on Truth Social. “Everything is going to work out well. The USA will be bigger and better than ever before!” Minutes later, he added: “THIS IS A GREAT TIME TO BUY!!! DJT” DJT is the stock symbol for Trump Media & Technology Group—the parent company of Truth Social—which saw its stock price jump in the moments after Trump’s post.

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