Trump bought Apple, Nvidia and other tech stocks before tariff reversal, CNBC analysis finds
By
Alex Harring, Luke Fountain
Summary
The article reports that President Donald Trump engaged in heavy stock buying of mega-cap technology companies like Apple and Nvidia on April 8, 2025 — the day before he reversed his tariff policy. The buying spree came after a steep four-day market downturn triggered by his April 2 tariff announcement, which he called "liberation day." CNBC's analysis highlights the conflict of interest: a president with enormous power to influence markets also has a substantial personal financial stake in them, more than any previous president.
Source
bskyTrump bought Apple, Nvidia and other tech stocks before tariff reversal, CNBC analysis findscnbc.comKey quotes
· 3 pulledThe episode captures a central theme running through Trump's second term: A president with vast power to move markets is also a president with a vast personal stake in them — with more personal investment at stake than any of his predecessors.
His flurry of buying came on the tail end of a steep four-day spiral that was sparked by the unveiling of his plan for broad and high tariffs.
CNBC's analysis shows Trump's purchasing focused on the mega-cap technology stocks that were hit hard after he released the policy on April 2, which he dubbed 'liberation day.'
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