Trump Made 327 Stock Buys Before 90-Day Tariff Pause as Tech Shares Jumped Up to 19%
Updated
Updated · The Independent · Jul 3
Trump Made 327 Stock Buys Before 90-Day Tariff Pause as Tech Shares Jumped Up to 19%
3 articles · Updated · The Independent · Jul 3
Summary
April 8 records show Trump bought 327 stocks one day before he paused his “Liberation Day” tariffs, including $100,001-$250,000 stakes in Apple, Alphabet, Amazon, Microsoft and Nvidia.
April 9 posts on Truth Social urged investors that it was a “GREAT TIME TO BUY!!!” before Trump announced a 90-day tariff pause, helping trigger a sharp rebound in the same tech names.
Apple surged more than 15% and Nvidia nearly 19% after the pause, turning the pre-announcement purchases into a sizable windfall disclosed in a report showing Trump made $2.2 billion in his second term.
The timing has intensified conflict-of-interest accusations from Democrats, while the White House says Trump’s assets sit in discretionary accounts run by independent firms and denies any corruption.
The disclosure adds to scrutiny of Trump’s financial conduct after the Supreme Court struck down his sweeping tariffs in February and after earlier reports said the April 2025 trades were disclosed 14 months late.
How did a president's trust time stock buys just before his own market-moving announcements?
When a president trades stocks, where is the line between savvy investing and abuse of power?
Delayed Disclosure of Trump’s $12.8 Million Stock Trades Before Market Surge Fuels Bipartisan Ethics Outcry
Overview
In April 2025, President Trump made 327 stock purchases totaling up to $12.8 million, just one day before announcing a tariff pause. This policy move triggered a historic 10% surge in the S&P 500, helping the market recover from earlier losses. However, the trades were not disclosed until July 2026, over a year later, sparking intense public and political backlash. The delayed revelation reignited concerns about the financial exposure of senior officials and raised serious questions about transparency, potential conflicts of interest, and the need for stronger safeguards against insider trading in government.