[ad_1]
The White House slammed Democrats for playing “partisan games” and calling for an investigation into alleged insider trading after President Donald Trump paused customized reciprocal tariffs for 90 days on Wednesday.
“It is the responsibility of the President of the United States to reassure the markets and Americans about their economic security in the face of nonstop media fearmongering. Democrats railed against China’s cheating for decades, and now they’re playing partisan games instead of celebrating President Trump’s decisive action yesterday to finally corner China,” White House spokesman Kush Desai said in comment to Fox Digital when asked about Democrats claiming Trump manipulated the market.
Sens. Adam Schiff, D-Calif., and Ruben Gallego, D-Ariz., wrote a letter on Thursday to White House Chief of Staff Susie Wiles, as well as Trade Representative Jamieson Greer, calling for an investigation into potential insider trading.
“This sequence of events raises grave legal and ethics concerns. The President, his family, and his advisors are uniquely positioned to be privy to and take advantage of non-public information to inform their investment decisions,” the senators wrote.
TRUMP SAYS HE’LL ‘TAKE A LOOK’ AT EXEMPTING SOME LARGER US COMPANIES HIT ESPECIALLY HARD BY TARIFFS
President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs during an event in the Rose Garden entitled “Make America Wealthy Again” at the White House in Washington, D.C., on April 2, 2025. (BRENDAN SMIALOWSKI/AFP via Getty Images)
Trump, ahead of pausing the reciprocal tariffs, posted to Truth Social, “BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!” and “THIS IS A GREAT TIME TO BUY!!! DJT.” The president had previously said he would not pause tariffs but was open to negotiating with other nations.
Trump paused only the higher, customized tariffs he placed on nations that historically installed trade…
[ad_2]
