Schiff Claims Trump’s Tariff Plan Could Open Door to ‘Insider Trading’

California Democratic Senator Adam Schiff has raised new concerns about former President Donald Trump, alleging that Trump may be using his tariff policy to manipulate the stock market for personal gain. In a recent video posted to social media, Schiff claimed that Trump’s sudden removal of tariffs—excluding China—caused market turbulence and opened the door to potential insider trading within the administration.

Schiff pointed to a Trump tweet that read, “This is a good time to buy,” suggesting it may have been a signal tied to upcoming policy decisions. He questioned whether people close to Trump might have had advance knowledge of the tariff changes and used that information to profit from the market’s reaction.

He went further, alleging that Trump and his family are involved in financial self-dealing, referencing Trump’s meme coin and his children’s involvement in cryptocurrency. Schiff also mentioned Elon Musk in this context, though he did not provide evidence of wrongdoing.

Schiff called for another investigation, continuing his pattern of pursuing Trump over allegations of corruption or misconduct, despite criticism from opponents who accuse him of promoting conspiracy theories for political purposes.

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