Grand Theft America / Receipt money-2025-04-08-021
Trump makes 327 stock trades a day before pausing 'Liberation Day' tariffs
Trump's financial disclosure showed 327 individual stock purchases, worth up to $12.8 million, in companies including Apple, Microsoft, Nvidia, Amazon, and Alphabet on April 8, 2025 — the day before he announced a 90-day pause on his sweeping tariffs.
What happened
The S&P 500 rose nearly 10% the day after the pause was announced, one of its largest single-day gains ever; Trump posted 'GREAT TIME TO BUY!!' shortly before the announcement. Sen. Adam Schiff called for an investigation into the timing.
Why it matters
The president made large stock purchases immediately before a policy announcement he controlled and that predictably moved markets in his favor, raising insider-trading-adjacent concerns even though no law has been shown to have been violated.
Receipt details
- Time the markets
- Paper value
- $12.8M
