Trump Brags About How Tariff Pause Made His Friends Even Richer ...Middle East

News by : (The New Republic) -

After announcing a 90-day pause Wednesday on his sweeping “reciprocal tariff” policy on nearly every country—with the exception of China—Trump was excited to take credit for making a buck for his guests at the Oval Office.

Schwab’s estimated net worth is $12.6 billion, while Penske’s is $5.6 billion.

The day’s biggest individual winner should come as no surprise: Elon Musk made a whopping $36 billion as Tesla stock soared up 23 percent. Trump’s surprising decision to temporarily back off his steep tariffs has sparked major concerns of obvious market manipulation, and even potential insider trading.

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