Gate.io News bot reported that hours before announcing a 90-day suspension of tariffs, U.S. President Trump posted, “Now is a good time to buy stocks,” and unusually signed it “DJT,” sparking controversy over insider trading. Several senators are calling for Congress to investigate this matter.
According to Time magazine, “DJT” is the stock code for Trump’s media company. After the announcement of the tariff delay, the stock price of the Trump Media & Technology Group surged nearly 22%, and rose another 5% in the morning of the following day.
It is worth noting that the previous tariff plan caused Trump’s net worth to decrease by $1 billion, with the main losses coming from the Trump Media & Technology Group.
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