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TRUMP’S TARIFFS WHIPLASH IS OPEN CORRUPTION. HE ADMITTED IT
HIMSELF.
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Malcolm Ferguson
April 9, 2025
The New Republic
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_ Trump posted a message to his followers just before pausing the
bulk of his tariffs. He may have accidentally confessed to insider
trading and market manipulation on Truth Social. _
,
Trump may have accidentally confessed to insider trading and market
manipulation on Truth Social.
“THIS IS A GREAT TIME TO BUY!!! DJT,” the president wrote
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Wednesday, a mere four hours before announcing a 90-day pause
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retaliatory tariffs except for China, yet another market-shocking
announcement that caused stocks to shoot up.
Insider trading is a very illegal practice that involves using special
or private information to give yourself an advantage in buying and
selling stocks. Someone with knowledge of an economic policy change
that would cause the markets to shoot back up would be posting about
how great a time it is to buy right before the policy change happened.
This particular situation looks like the opposite of a pump and dump:
a poop and scoop
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This is when an exclusive group of people with private knowledge do
whatever they can to drive stock prices down—like announcing
debilitating global tariffs—and then buy stocks up strategically
before the price goes up again. And with this administration, the
corruption is completely out in the open.
“Trump is creating giant market fluctuations with his on-again,
off-again tariffs. These constant gyrations in policy provide
dangerous opportunities for insider trading,” Senator Adam
Schiff wrote on X
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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.”
“Trump’s Truth Social now basically promotes veiled insider
trading on upcoming announcements,” wrote
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economics expert Eric Feigl-Ding. “Trump’s benefactors are
gleefully watching.”
_The __New York Times_’ Andrew Ross Sorkin called it
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ago on CNBC.
“Given what the government’s been doing, and what this
administration’s been doing, it would not shock me—and I hate to
speculate—if we were to find out that a whole bunch of people who
work in Washington as our elected leaders … ultimately sold stocks
last week, or potentially worse than that, shorted the market.”
The Trump administration—after crashing the global stock market and
eroding U.S. legitimacy—is attempting to spin this as a win.
“Many of you in the media clearly missed _The Art of the Deal,_”
White House press secretary Karoline Leavitt said
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_[MALCOLM FERGUSON is an associate writer covering breaking news
at The New Republic. His work has also appeared in The
Atlantic and The American Prospect.]_
* Tariffs
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* Trade Tariffs
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* Trump tariffs
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* Trade Policy
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* US Trade Policy
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* stock market
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* Insider trading
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* Bonds
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* Bond market
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* corruption
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* Donald Trump
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* Trump 2.0
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* MAGA
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* GOP
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* Congress
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* China
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* Grifter
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*
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*
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