Development in stock and other financial markets in recent hours, days or weeks resembled a swing. Many were convinced that if Donald Trump wanted to manipulate the market, it wouldn’t look different.
After Donald Trump wrote on Wednesday: “It is time to shop,” just a few hours before he announced, which leads through tariffs against dozens of countries, American senator Adam Schiff from the Democratic Party called for the US Congress to investigate whether the White House boss Donald Trump did not resign on the financial market.
It was Trump’s steps that led to a significant drop in prices and consequently their growth, which, however, did not last long, as the markets looked again towards the bottom on Thursday.
“I ask the White House and the Office for Government of Ethics to answer the question of whether one from Trump’s family or government has benefited from this whole customs chaos through the” insider trading “”.
Campaign against China
While Donald Trump awarded dozens of countries a 90-day postponement of a increase in duties, in the meantime the White House informed that the Customs Surrection for goods from China would increase to 145 %. For comparison on Wednesday, Trump spoke about 125 %, so this is another increase.
The US President complains about the lack of respect by China towards the world’s market.
Adam Schiff is a democratic Senator from California. He was one of those who called for former US President Joe Biden to withdraw the candidate for the post of president last year.
“The largest market handling scheme in the world”
Schiff is not a unique criticism of Trump. Democratic Senator Chris Murphy from Connecticut also commented on the social network about “scandalous trading with confidential information”. Trump’s post “It is time to buy” according to Murphy shows that the White House chief put Echo in advance in his own ranks to make money.
Trump was also criticized by democratic members of the Financial Services Committee. Trump is “involved in the largest market handling scheme in the world,” they wrote on the social network.
