
NY AG Probes Trump Tariff Pause
New York Attorney General Letitia James is reviewing potential insider trading activities connected to President Donald Trump’s administration following last week’s announcement of a 90-day tariff pause. According to sources cited by CNN, the early-stage inquiry is focused on whether Trump officials or associates may have improperly benefited from market movements triggered by the policy decision.
The move comes after President Trump made a post on his Truth Social account, stating it was a “great time to buy.” Just hours later, markets responded with a sharp surge following the official announcement of the temporary suspension of most tariffs. The timing of the post and the ensuing market reaction prompted scrutiny over whether individuals close to the administration acted on non-public information.
James’ office confirmed the review but clarified that a formal investigation has not yet been opened. The review is currently limited in scope and aims to assess whether there is sufficient evidence to warrant a broader probe.
The development adds a legal dimension to the economic decision made by President Trump, whose administration framed the tariff pause as a strategic move to stabilize global markets and enhance domestic investment opportunities. However, the correlation between the president’s public messaging and the subsequent market behavior has drawn regulatory attention.
The inquiry is in its preliminary phase, and no specific individuals have been publicly named. The Attorney General’s office emphasized that it is acting within its jurisdiction to ensure market integrity and public trust.
As the situation evolves, it remains to be seen whether the early review will result in a formal investigation or further legal action. For now, the spotlight remains on the intersection of financial policy, public communication, and market influence under the current administration.