Explorer

Trump Faces Market Manipulation Claims After Timed Tariff Pause Announcement

On Wednesday morning, shortly after US markets opened, Trump posted on his social media platform, Truth Social: “THIS IS A GREAT TIME TO BUY!!! DJT"

Donald Trump is under scrutiny for potential market manipulation after urging investors to buy stocks just hours before a surprise policy shift that triggered a global market rally. On Wednesday morning, shortly after US markets opened, Trump posted on his social media platform, Truth Social: “THIS IS A GREAT TIME TO BUY!!! DJT.”

Less than four hours later, he announced a 90-day suspension of additional trade tariffs on most countries, excluding China, sending stock indices sharply higher worldwide and raising questions about the timing of his post.

Global Stocks Surge Following US Market Rally

US markets led a global stock surge on Wednesday, with the S&P 500 jumping more than 9 per cent and the tech-heavy Nasdaq soaring over 12 per cent. The rally spilled into Asian and European markets on Thursday, as Japan’s Nikkei 225 climbed 9 per cent and London’s FTSE 100 rose as much as 4 per cent in early trade.

Insider Trading Accusations

Donald Trump is facing mounting accusations of market manipulation after a social media post preceded a sharp global market rally and a surprise trade policy reversal. In a rare move, Trump signed off his Truth Social post Wednesday morning with his initials—“DJT”—which also match the stock ticker for Trump Media & Technology Group, the company behind the platform. Shares of the firm surged 22 per cent that day.

The timing of the post, followed just hours later by Trump’s announcement of a 90-day pause on additional tariffs for most countries, has sparked calls for an investigation. Democratic Senator Adam Schiff demanded answers, writing, “These constant gyrations in policy provide dangerous opportunities for insider trading. Who in the administration knew about Trump’s latest tariff flip-flop ahead of time? 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.”

When questioned by reporters Wednesday evening, Trump claimed he made the tariff decision that morning, after thinking about it over the last few days. However, the White House maintained the move was part of a broader negotiating strategy, with Press Secretary Karoline Leavitt describing it as Trump’s “art of the deal” in action.

Also Read: Gold Rate Today (April 11): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More Cities

Market Volatility

Market volatility in recent weeks has provided opportunities for savvy investors. Republican Representative Marjorie Taylor Greene disclosed purchases of Amazon and Apple stock on April 3 and 4—immediately following Trump’s “liberation day” tariff threats on April 2. Both stocks saw double-digit gains on Wednesday, rising 12 per cent and 15 per cent respectively.

Despite easing tariff pressures on most countries, Trump has intensified measures against China, raising import duties to 125 per cent, up from 104 per cent on Wednesday. In response, Beijing rolled out its own tariff hike to 84 per cent on US imports starting Thursday, setting the stage for renewed trade tensions between the world’s two largest economies.

About the author ABP Live Business

ABP Live Business is your daily window into India’s money matters, tracking stock market moves, gold and silver prices, auto industry shifts, global and domestic economic trends, and the fast-moving world of cryptocurrency, with sharp, reliable reporting that helps readers stay informed, invested, and ahead of the curve.

Read

Top Headlines

US Launches High-Risk Bid To Seize Russian-Flagged Oil Tanker Linked To Venezuela: Reports
US Launches High-Risk Bid To Seize Russian-Flagged Oil Tanker Linked To Venezuela: Reports
X Responds To Govt Over Misuse Of AI Tool Grok: Sources
X Responds To Govt Over Misuse Of AI Tool Grok: Sources
Delhi HC Issues Big Directive On Survey Of Encroachments Around Jama Masjid
Delhi HC Issues Big Directive On Survey Of Encroachments Around Jama Masjid
Turkman Gate Case: First Pictures Of Accused Surface; Kasif, Kaif, Arib, Adnan & Sameer Arrested
Turkman Gate Case: First Pictures Of Accused Surface; Kasif, Kaif, Arib, Adnan & Sameer Arrested

Videos

Delhi News: Why Bulldozer Action Was Conducted at Night? DCP Nitin Valson Explains Key Reasons
Delhi News: Cold Wave Intensifies Across North India, Capital Records Coldest Day of the Year
Delhi News: MCD Removes Encroachment Near Faiz-e-Ilahi Mosque After Stone Pelting, Area Secured
Delhi News: Illegal Encroachment Near Faiz-e-Ilahi Mosque Cleared, Mosque Declared Safe Amid Public Fear
Delhi News: FIR Registered Over Objectionable Slogans at JNU, University to Expel Involved Students

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget