White House Official Denies Insider Trading Amid Tariff Rollback

A White House official has denied allegations of insider trading following the decision to pause reciprocal tariffs. The denial addresses concerns about potential conflicts of interest. These concerns arose after market volatility linked to tariff policy changes.

Democrats raised concerns about the tariff policy reversal. The initial imposition and subsequent reduction of tariffs caused market fluctuations. The official refuted any suggestion of improper conduct.

The tariff adjustments involved reducing reciprocal tariffs to a 10% flat rate for 90 days. This decision led to a stock market surge after a period of decline. The White House maintains that these decisions were made in the interest of economic stability.