markets

Trump Bought Apple, Nvidia Stock Before His Tariff Reversal

Trump purchased shares in major tech companies the day before reversing tariff policy, triggering a sharp market rebound.

President Donald Trump made some of his most aggressive stock purchases of 2025 on the day immediately preceding his dramatic reversal of tariff policy — a reversal that sent tech shares surging and raised fresh questions about the timing of his trades. Among the companies Trump bought into were Apple and Nvidia, two of the market's most tariff-sensitive tech giants, according to reporting from CNBC's US Top News and Analysis.

The sequence of events has drawn scrutiny because the tariff rollback triggered a powerful rally in the very stocks Trump had just acquired. Critics and ethics watchdogs argue the situation underscores longstanding concerns about whether sitting presidents should be permitted to hold individual equities while simultaneously wielding sweeping economic policy authority.

Read more Dow Sets Records as Investors Shift From AI Chips to Blue Chips →

Trump's tariff policy had rattled markets for weeks, inflicting steep losses on technology stocks that depend heavily on global supply chains — particularly those tied to China. His decision to walk back those levies came as a surprise to investors, unleashing a sharp rebound that benefited shareholders broadly, but especially those who had positioned themselves in tech ahead of the announcement.

The White House has not publicly addressed the timing of the president's trades relative to his policy shift. The episode reignites a broader debate over presidential financial disclosure requirements and whether existing ethics rules are adequate to prevent even the appearance of self-dealing at the highest levels of government. Lawmakers on both sides of the aisle have previously floated legislation that would bar senior officials — including the president — from trading individual stocks while in office.

Continue reading at US Top News and Analysis.

Continue reading at US Top News and Analysis →

Frequently Asked Questions

Q.Which stocks did Trump buy before the tariff reversal?

Trump purchased shares in Apple, Nvidia, and other major tech companies on the day before he announced his tariff policy reversal.

Q.Why is the timing of Trump's stock trades controversial?

The trades occurred the day before Trump reversed his tariff policy, which triggered a rebound in the exact tech stocks he had just bought, raising concerns about potential conflicts of interest.

Q.Was the day Trump bought tech stocks one of his busiest trading days of 2025?

Yes, according to the source, the day before Trump's tariff reversal turned out to be one of his busiest days of stock buying in 2025.

More in markets →