Donald Trump’s massive tariff agencies, and some of them, have thrown the market into chaos, with some, including Sen. Elizabeth Warren, claiming that the Trump administration may be using insider information to exchange chaos.
On April 2nd, Trump announced 10% tariffs in all countries, various other tariffs calculated based on apparent trade obstacles, resulting in many strange circumstances, including applying tariffs on islands with no permanent residents.
China, which has brought the country’s total tariffs to about 125%, has had additional major tariffs.
These tariffs have dropped sharply until Wednesday when Trump announced that 10% baseline tariffs and Chinese fees remain in effect, but others will be delayed for 90 days – Or until he changes his mind.
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This obvious change allowed the market to rallies temporarily, but it has declined again today following Trump’s announcement that he intends to add new “sectoral” tariffs, including imported medicines.
Interestingly, hours before his tariff policy U-turn was announced, Trump told Truth Social, a social media platform that led him, that his followers were “This is the best time to buy!!”
DJT is Trump’s initials and is also a stock ticker for Trump Media & Technology Group Corporation. An incredible violation of presidential norms Open hack terrorism from an oval office.
Senator Warren asked in the Senate, “Was this an operation of this market? Is this corruption invisible?”
read more: Chart: Wasn’t Trump supposed to be good for cryptography?
After this rally in the market, Trump hosted several figures for the Oval Office’s major Wall Street company.
While they were there, he pointed around the room, calling out how many different individuals had made during the meeting, “.”He made $2.5 billion today and $900 million. ”
Financial executives can hear Trump giggle as he points out these dollar amounts.
read more: Who is behind Trump’s new cryptography, World Liberty Financial?
Donald is not the Trump family who encouraged followers to buy assets before insider information was revealed. His son Eric is the “Web3 Ambassador” of the Trump World Liberty Financial, previously posted on X. “In my opinion, it’s the best time to add $eth.
After this post, World Liberty Financial We have begun moving most of our ether (ETH) portfolio On Coinbase.
Eric later removed “Thank you later” from the post, and ETH has been down 45% since he posted.
