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LETTERS

Trump tariff moves rife for insider trading

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Jeffrey Zalles

Saturday, August 17, 2019

On Monday, global markets tumbled on fears that President Trump’s latest tariffs on China will cause a world-wide economic slowdown. Then, on Tuesday, markets surged on news that Mr. Trump had postponed his latest tariff threats. Time and time again, the president makes announcements that are certain to sway markets in one direction or the other, only to reverse himself shortly thereafter.

So I ask: Who was informed of Mr. Trump’s moves before they became public? Are his family members and friends trading on that insider information? What about other administration officials? Is this how Mr. Trump is buying loyalty from his subordinates and Republican members of Congress?

I wonder.

Jeffrey Zalles

Southport

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