Trump's $750M stock moves in Apple, Nvidia spark scrutiny before China trip
Former US President Donald Trump and his family reported over 3,600 financial transactions between January and March. These deals, valued at between $250 million and $750 million, included significant investments in major companies like Apple and Nvidia. The timing of these purchases has drawn attention ahead of Trump’s recent trip to China.
The investments in Apple and Nvidia were made directly, without intermediaries. Reports from the US Office of Government Ethics confirmed the transactions, which ranged from $1 million to $5 million per company. Both firms could benefit if US-China trade relations improve.
Before the trip, Trump also bought shares in Palantir Technologies and Boeing. On May 15, however, Boeing’s stock dropped by 4.1% after Trump mentioned China’s plans to order 200 aircraft from the company. That same day, broader US markets also fell, with the Dow Jones down 1.07%, the S&P 500 losing 1.24%, and the NASDAQ Composite declining by 1.54%. The timing of these investments has raised questions about potential market impacts. While the purchases in Apple and Nvidia were disclosed earlier, their connection to trade discussions has become a focal point.
Trump’s investments in Apple, Nvidia, and Boeing were completed before his China visit. The stock market reacted negatively to his comments on Boeing’s deal, contributing to a wider decline. The financial moves remain under scrutiny as trade talks between the US and China continue.
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