Donald Trump urged the world to "be cool" as his sweeping import taxes took effect, causing global markets to plummet. In a dramatic twist, moments after the New York Stock Exchange opened, he proclaimed, “THIS IS A GREAT TIME TO BUY!!!”

 

Hours later, Trump changed course again, announcing a 90-day pause on tariffs for most nations while hiking them on Chinese goods to 125%. This unexpected move sent markets soaring, with White House officials claiming it was "the art of the deal" in action all along.

Social media lit up with accusations of Trump orchestrating a reverse "pump and dump" scheme, allegedly manipulating stock prices for gain. Democratic Senator Adam Schiff has called for an investigation into possible insider trading, arguing that the public deserves answers.

 

Caught in the crossfire, the administration’s trade representative was blindsided during a House committee hearing, unable to account for the abrupt tariff reversal. Tensions flared as Democratic Rep. Steven Horsford grilled the representative, questioning the administration's strategy and integrity.

 

"If you knew these tariffs would be turned off, why not mention it in your testimony?" Horsford demanded," The trade rep struggled to justify the lack of communication, fuelling speculation of market manipulation.

Public outcry intensified as people questioned who might benefit from such volatile policies. Schiff warned of the dangerous potential for insider trading within the administration, demanding transparency about who knew what and when.

 

Meanwhile, Trump appeared unfazed, celebrating with car racing champions outside the White House. When asked about his decision to pause tariffs, he downplayed concerns, insisting that people were simply overreacting.

"They were getting a bit yippy, a bit afraid," Trump stated casually, suggesting his strategy was unfolding quicker than anticipated.

On social media, the Trump campaign ridiculed sceptics, questioning whether “the Panics” heeded Trump’s buying advice. The playful tone, however, did little to quell fears of deeper underlying issues.

 

Senator Schiff is adamant about uncovering any wrongdoing, vowing to hold the administration accountable. He stresses the need for transparency, asking who might be cashing in on the market’s wild ride.

The situation leaves many questioning the stability of the U.S. economy under such unpredictable leadership. With calls for investigation growing louder, the unfolding drama seems far from over.

 

In a final note, Horsford criticised the seeming lack of control within the administration, urging greater scrutiny and oversight. As questions linger, the American public remains on edge, wary of what might come next in Trump’s tariff saga.

 

Based on a report from The Independent.

 

10.04.2025

 

 

 

 

It's insider trading pure and simple, if he wasn't president and was a stockbroker the SEC would have him up on federal charges, but he would probably get away with those also, America is letting him destroy the country but they voted for him so no sympathy, the stupidity was always inevitable.

It is only insider trading if he or people he told bought shares.

He probably did but we need proof.

If he did, and this was planned it will go down in financial history as one of the biggest ever frauds.

By the world’s biggest ever fraudster. 
 

He has been getting away with sexual assaults, ripping people off and frauds for decades, but never goes to prison.

The Americans voted him in, twice, they have no morals or ethics.

13 minutes ago, PomPolo said:

It's insider trading pure and simple, if he wasn't president and was a stockbroker the SEC would have him up on federal charges, but he would probably get away with those also, America is letting him destroy the country but they voted for him so no sympathy, the stupidity was always inevitable.

Yes, an almost inescapable conclusion.

 

Perhaps not Trump himself (although he will not go unrewarded), but those closely associated with him. Look no further than those in the front two rows at his inauguration!

4 minutes ago, MalcolmB said:

He probably did but we need proof

• Trump Media & Technology Group: The stock of Trump Media, which trades under the ticker "DJT," experienced a 22.67% jump following Trump's "BUY" post, outperforming the broader market despite being unconnected to tariffs. Trump's 53% stake in the company appreciated by approximately $415 million. AP News

• Elon Musk and Tesla: Tesla, another company recently promoted by Trump and his administration, saw its stock rise significantly, boosting Elon Musk’s wealth by $20 billion. AP News

Trump whining and accusing others, as expected! 

When this one worked I figured he's going to be doing this all the time.  I'm surprised at how quickly they are going after him.  In his previous time in the WH the response would only be a chorus of "ooo, he's not supposed to do that!"

 

He lost face,he chickened out!

Some one grabbed his tiny little hands and told him to step back into line.

The art of the deal?

The world is now laughing at him and he will be no longer trusted,even by MAGA.

Putin is having a party .

He said himself people are kissing his ass.

Not true his staff is now wiping his ass.

Master plan?

Not very likely.

WHAT!!!saying our precious Donald was committing a fraud as president in our names no say it ain’t true!!(obvious sarcasm alert)he should be impeached and jailed follow the money obviously.

I’ve said it before:

 

’Trump is a paper tiger’.

 

A Beta pretending to be an Alpha.

56 minutes ago, PomPolo said:

It's insider trading pure and simple, if he wasn't president and was a stockbroker the SEC would have him up on federal charges, but he would probably get away with those also, America is letting him destroy the country but they voted for him so no sympathy, the stupidity was always inevitable.

For now this criminal and his fellows have made enough money, now they need a rest to prepare for the next round in 3 month.

2 minutes ago, UWEB said:

.....now they need a rest to prepare for the next round in 3 month.

 

  You misspelled "arrest".  

1 hour ago, PomPolo said:

It's insider trading pure and simple, if he wasn't president and was a stockbroker the SEC would have him up on federal charges, but he would probably get away with those also, America is letting him destroy the country but they voted for him so no sympathy, the stupidity was always inevitable.

I doubt he would make it for the next 4 years.

Either impeachment or/and jail.

There is maybe one good thing since this dictator is ruling: Europe is forced to join economically and militarily.

Suddenly it's possible to send satellites into the orbit and develop the independent GPS. (Galileo)

And suddenly we don't need the F35 but can have our own. (Gripen)

Even shared nuclear missiles are thinkable. UK and France are ready for it.

And....we are more people in EU than US and much more powerful intellectually. As it is proven with a higher IQ also.

Whilst some will have benefitted from these market movements, and some will have lost, I don't go along with this theory of conspiracy.

 

Is Trump actually bright enough to have manouevred such a matter? I mean, a 6 times bankrupt, 34 times felon, with a wife who seems to dislike him etc. Plus Trump liberation day was 'so simple' but Trump didn't understand it at all.

 

The theory looks unlikely to me. But if Trump told anyone before he reversed on the tariffs, the possibility exists. Let's see if any facts emerge.

Neither scenario looks good for him. He either blinked or committed fraud or maybe both. Either way, the world is learning that this administration can't be trusted to lead the economy of the world. Adding to that, they tore up a deal that they themselves made with Canada and Mexico, his calling to make Canada the 51st  state and not ruling out taking Greenland and the Panama Canal by force. What gives anyone a reason to not to look at the US with suspicion.

1 hour ago, jvs said:

He lost face,he chickened out!

Some one grabbed his tiny little hands and told him to step back into line.

The art of the deal?

The world is now laughing at him and he will be no longer trusted,even by MAGA.

Putin is having a party .

He said himself people are kissing his ass.

Not true his staff is now wiping his ass.

Master plan?

Not very likely.

But they said 50 countries contacted the WH! 

48 minutes ago, TorquayFan said:

Whilst some will have benefitted from these market movements, and some will have lost, I don't go along with this theory of conspiracy.

 

Is Trump actually bright enough to have manouevred such a matter? I mean, a 6 times bankrupt, 34 times felon, with a wife who seems to dislike him etc. Plus Trump liberation day was 'so simple' but Trump didn't understand it at all.

 

The theory looks unlikely to me. But if Trump told anyone before he reversed on the tariffs, the possibility exists. Let's see if any facts emerge.

No facts will emerge since there will be no investigation.

I said this on another thread:

Hollywood comes to Washington!

1 hour ago, newbee2022 said:

I doubt he would make it for the next 4 years.

Either impeachment or/and jail.

There is maybe one good thing since this dictator is ruling: Europe is forced to join economically and militarily.

Suddenly it's possible to send satellites into the orbit and develop the independent GPS. (Galileo)

And suddenly we don't need the F35 but can have our own. (Gripen)

Even shared nuclear missiles are thinkable. UK and France are ready for it.

And....we are more people in EU than US and much more powerful intellectually. As it is proven with a higher IQ also.

And he still isn't happy that they are increasing defence spending as he has often demanded..

 

Now he is upset that after his threats that he might not defend some EU countries, they are planning to buy less US arms, and spend the increased funding with EU arms manufacturers.

1 hour ago, candide said:

But they said 50 countries contacted the WH! 

And they were the ones inhabited by only penguins

9 minutes ago, PomPolo said:

And they were the ones inhabited by only penguins

Hmmm. Kissed in the a** by penguins? Those beaks look sharp!

 

Trump says countries are ‘kissing my a**’ to avoid tariffs amid trade war

https://globalnews.ca/news/11123110/donald-trump-trade-war-tariffs-kissing-my-ass/

Democrats are the inside traders duh

All the big shots know what is in their "blind trusts," and mostly its S&P index funds.

A few days ago his actions sent all market into a tailspin.  His comments were that he did not care what happened in the markets.  Now a total reversal in his approach.  I must wonder how many of his cronies had any advance notice to watch his 'X' account.  Like a bull in a china shop, never works out good.  Damn the torpedo's...........

Conveniently Trump appointed Mark Uyeda, the chairman of the securities and exchange commission, the agency responsible for overseeing market manipulation and insider trading to his post in January 2025.  An "investigation" will be unlikely.  One of the benefits of appointing a buddy who knows how to play ball.  No point in wasting valuable government resources on a nonevent.

5 hours ago, PomPolo said:

It's insider trading pure and simple, if he wasn't president and was a stockbroker the SEC would have him up on federal charges, but he would probably get away with those also, America is letting him destroy the country but they voted for him so no sympathy, the stupidity was always inevitable.

Nonsense.

Yes, I heard about this more than a week ago. Trump's billionaire friends sold their stock before the tariffs were put in place, and then bought them back when the stocks were down. Now, the stocks are up, and they've made a big profit. That's what Trump's all about. 

How can it be insider trading when he advised everyone hours before the announcement that it is a great time to buy? So everyone got the tip before his 90 days deferment. Who are the insiders?

Also flies in the face of legacy media purporting that Trump had to change his mind in a panic as bond markets reacted. Bessent and Trump discussed the scenario on the weekend and Trump spent a couple of days monitoring and ultimately deciding to change tack.

In the meanwhile, many countries have already started trade negotiations with the White House and China is isolated.

Looks like a great outcome at this stage but lets see how it all plays out.

NASDAQ call volume spiked minutes before the 90 day tariff pause was announced. Not a good look at all. 

 

21 minutes ago, Donga said:

How can it be insider trading when he advised everyone hours before the announcement that it is a great time to buy? So everyone got the tip before his 90 days deferment. Who are the insiders?

 

Silly question. The ones who knew he was going to do it.