is-trump-staging-global-trade-war-drama-to-benefit-his-insiders

The decision of unpredictable US President Donald has raised the eyebrows of global trade and market experts and firms, reports said on Tuesday.

 

Trump has been rocking the global markets for a few days with unpredictable trade war decisions bound to affect the global economy.

 

Stock markets around the globe dived after Trump announced the imposition of tariffs against the top three trading partners, Canada, Mexico, and China.

 

The cryptocurrency market, which has been largely upbeat in the run-up to his inauguration, also fell sharply after the announcement of the tariff wars.

 

Even though all of these markets regained some lost ground or for instance, pushed above their previous levels after Trump delayed his tariffs on Mexico and Canada for a month.

 

Political analyst Ralph Nader, in a post on X, wrote, “This is the first of many vast insider trading opportunities for the Trumpster’s who get advance notice about how Trump’s impulsive actions are going to be announced.”

 

Also read: Trump’s tariff war triggers strong response from Malaysia, France

 

What it means is that all that Donald Trump is doing is a “drama” of announcing and delaying sanctions and tariffs on Canada and Mexico.

 

According to Nader and several other experts, he is trying to bully the global economy to allow his Trumpsters to earn an unprecedented level of profits by cashing in on the uncertainty of the global trade markets.

 

“Will the Securities and Exchange Commission apply the requisite staff to track these possible serious violations? There will be many more surges up and down in the stock market to come given the preliminary dictates and announcements of the Trump Administration,” Nader said.

 

Nader has levelled serious allegations against the Trump administration, and if proven accurate, this could seriously jeopardise Donald Trump’s presidential competency in the coming months.

 

The global economy is seriously shaken as investors have lost billions of dollars in a matter of days after Trump's on-and-off tariff announcement, which has again proven the level of unpredictability Donald Trump brings into the global order.