President Donald Trump made 327 stock purchases on April 8, 2025, according to his annual financial disclosure report released on Tuesday. The trades occurred just one day before he announced a pause on some of his proposed tariffs, which had triggered a market sell-off. The disclosure, which spans over 900 pages, includes transactions that were not previously reported within the required 45-day window.
Trump’s purchases focused on megacap technology stocks, including Apple and Nvidia, which had been hard hit by his earlier tariff announcement on April 2, 2025. The S&P 500 index had fallen more than 12% over four days before Trump’s reversal. On April 9, 2025, he posted on Truth Social, urging investors to buy, and later announced the tariff pause, leading to a 9.5% market rebound in a single session.
The White House, when asked about the trades, referred to a statement by Eric Trump, who claimed that the president and his family have no role in investment decisions. The statement emphasized that independent third-party managers oversee the accounts to avoid conflicts of interest. However, the late disclosure of the trades has fueled bipartisan calls for greater scrutiny of Trump’s financial interests.