Hours before US President Donald Trump announced the 90-day suspension of tariffs on the 9th, he wrote: "Now is a good time to buy stocks!" and left the abbreviation "DJT" at the end, which was interpreted by the outside world as suspected of insider trading. In response, many senators called on Congress to investigate whether Trump was involved in insider trading or market manipulation.
According to Time Magazine, "DJT" is the stock code of his media company. It is worth noting that Trump does not often use abbreviated signatures, and the share price of Trump Media and Technology Group soared by nearly 22% after the announcement of the suspension of tariffs on the 9th. It rose another 5% in morning trading on the 10th.
Previously, the tariff plan wiped $1 billion off Trump's worth, with the biggest loss coming from his most valuable asset, Trump Media Technology Group.
Trump suspends tariffs, ends with 3 letters for fear of insider trading
2025-04-11 03:57:22
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