Trump Faces Allegations of Market Manipulation Amid Tariff Reversal

Donald Trump has announced a 90-day pause on his planned tariffs, which has sparked allegations of market manipulation and insider trading. Senator Adam Schiff is leading calls for a congressional investigation into whether Trump used privileged information to benefit personally from the subsequent stock market surge, which saw the S&P 500 jump over 9% shortly after the announcement. Critics have pointed to Trump's social media posts, where he encouraged followers to buy stocks just hours before the tariff suspension, as evidence of potential illicit activity. Trump has defended his actions as necessary to reset global trade, although Democratic lawmakers have accused him of creating opportunities for corruption. The economic uncertainty and erratic nature of Trump's trade policies continue to raise concerns about their broader impact on the market and international relations. As investigations loom, both sides of the political aisle are scrutinizing the implications of Trump's tariff decisions.