CNBC / YouTube
The van of tariffs continues with Donald Trump to announce a break once again. Some suspect that this “game” is a way to manipulate the action market for US president to “make money for himself.”
Democratic Senator Adam Schiff, one of Trump’s fiercest critics, told Time magazine that asked Congress to investigate If the US President has been involved in negotiations with privileged information or market manipulation.
For now, there is no official information that any investigation has been opened, but if you move forward, it should be directed by the Senate’s judicial and/or finance committees, both chaired by republican representatives, who have tried not to upset Trump.
“When my own barber asks me if Donald Trump is selling cheap, or doing so to try to make money for himselfThis shows that many people are quite suspicious about what is happening, ”said Democratic Senator Tim Kaine in statements.
After announcing, with pomp and circumstance, against dozens of countries, Trump turned back and announced for 90 days, aggravating only the Fees applied to China for 125%.
The pause in the tariffs fastest the actions In the scholarship market, after having been falling for successive days.
This happened after Trump advised investors to “buy” in a publication on its Truth social network.
“This is a great time to buy”Trump wrote on Truth after the opening of the action market on Wednesday, when the tariffs were still worth.
@realDonaldTrump / Truth
Donald Trump’s publication on the Truth social network.
About four hours later of that publication, Trump announced the break in the tariffs, and the actions rose more than 7% In a few minutes, closing more than 9%.
Petroleum prices, which were also falling, recovered.
“What the f*ck?”
“What is this not a market manipulation?”Senator Steven Horsford, another democrat, questioned during a House of Representatives with US foreign trade representative Jamieson Greer, appointed by Donald Trump.
Horsford did not inhibit a bad word in the way of outburst, shooting with a “What the f*ck?” (Something like “What is this?” In the Portuguese translation) in the full chamber of representatives.
“Who is in charge? Because it doesn’t even seem to be the commercial representative, ”he shouted to the audience, accusing the Republicans of not protecting the American people, after all the elected of this party abandoned the audience when they learned of the temporary interruption of tariffs.
“They all left Because they don’t even want to defend the decision, ”said the senator elected by the state of Nevada, raising his voice.
Trump says the action market is “beautiful”
Treasury Secretary Scott Bessent, former coverage fund manager, justified the rates in the tariffs with the intention of the intention of give space for personalized negotiations with the allies.
“The only certainty we can offer is that USA will negotiate in good faith“He assured.
Already Trump said that he went back in the fares because some People were “scared”and noticed that he has observed the market of actions that he described as “lindo”after climbing on obligations.
“He is worshiping thisthis control over markets, but it is better to be careful, ”said White House’s former ethics lawyer, Richard Painter, a Trump critic in statements quoted by.
“The people who bought when they saw that publication made a lot of money“Painter pointed out, warning, however, that the Securities Law prohibits negotiation with privileged information, or the help to others do.
“It will be or Donald Trump’s intimate circle to profit illegally With these great oscillations in the insider trading action market? ”Asked Adam Schiff in a publication on social network, the former Twitter, noting that“ Congress needs to discover ”.
Is Donald Trump’s inner circle illegally profiting off of these huge swings in the stock market by insider trading?
Congress must find out.
– Adam Schiff (@senadam ship)
DJT initials in Trump’s publication
A detail that also raises suspicions in Trump’s publication on Truth is the Subscription “DJT”. The US president uses these initials, which correspond to his name, in some of the publications, as if to point out that he himself wrote them.
But the Associated Press (AP) note that “DJT” is also The symbol in the actions market US President’s Media and Technology Company – The Trump Media and Technology Group that holds Truth.
“It is not clear if Trump was talking about buying actions in general, or from Trump Media in particular,” says AP.
What is certain is that Trump Media “closed up 22.67%, rising twice as much as the market in generalone impressive performance For a company that lost $ 400 million last year, and apparently was not affected by the imposition or suspension of tariffs, ”says AP.
The news agency adds that “ Trump 53% participation in the company ”, through a background controlled by the eldest son, Donald Trump Jr.,“increased at $ 415 million on the day ”.
Even better performance than Trump Media, the result of the pause in the tariffs, had the Tesla de Elon Muskthe great friend of the US President.